May 7 (SeeNews) - Copper producer Aurubis Bulgaria said that it intends to distribute a total of 202.4 million levs ($115.9 million/103.5 million euro) as dividend for 2018.
Under the proposal, the dividend payout will amount to a gross 9.73 levs per share for 2018, the company said last week in an invitation for a shareholders meeting.
Aurubis Bulgaria shareholders will put the proposal to a vote on June 12.
The copper maker paid 20.8 million levs as dividend for 2017, or 1 lev per share.
Aurubis Bulgaria is a unit of Hamburg-based copper producer Aurubis.
(1 euro = 1.95583 levs)
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