Bulgaria's Advance Terrafund to pay 0.103 euro/share dividend

The company plans to return to investors 90% of its distributable profit of 18.96 million levs reported for 2023, Advance Terrafund said in a bourse filing on Tuesday.

Shareholders registered with the Central Depository as of June 4 have the right to receive dividend for 2023.

Last year, Advance Terrafund paid out a gross dividend of 0.242 levs per share for 2022, or some 20.6 million levs in total, according to previously disclosed information.

Shares in Advance Terrafund last traded on Tuesday when they closed at 3.40 levs on the Bulgarian Stock Exchange, bourse data show.

(1 euro = 1.95583 levs)