The company will pay out a total of 267,549 levs in dividend for last year, including its net profit of 223,317 levs reported for 2023 and undistributed profit from previous years, Bulgarian Rose said in a bourse filing.
The dividend will be disbursed over six months, starting July 8. Shareholders registered with the Central Depository as of May 30 will have the right to receive dividend.
Bulgarian Rose paid out a gross dividend of 0.075 levs per share for 2022, or a total of 401,324 levs, according to previously disclosed information.
Karlovo-based Bulgarian Rose, established in 1948, manufactures cosmetic products for face, body, and hair using rose oil and locally-grown herbs. The company is part of local diversified group Stara Planina Hold [BUL:SPH].
Shares in Bulgarian Rose last traded on May 7 when they closed at 1.99 levs on the BaSE market of the Bulgarian Stock Exchange, bourse data show.
(1 euro = 1.95583 levs)