April 23 (SeeNews) - North Macedonia-based building materials producer Cementarnica Usje [MSE:USJE], a unit of Greek cement producer Titan, said on Tuesday it plans to distribute a dividend of 2,415 denars ($41.9/39.2 euro) per share for 2023.
The company plans to distribute a total of 1.4 billion denars as dividend for last year, it said in a bourse filing.
Its shareholders will vote on the proposal at a meeting on May 23.
The company paid a dividend of 1,273 denars per share for 2022.
Cementarnica Usje's net profit went up by an annual 47% to 1.5 billion denars in 2023.
The company's shares last traded on the Macedonian Stock Exchange on March 19, at an average price of 31,250 denars, bourse data showed.
(1 euro = 61.57 denars)