May 23 (SeeNews) - Bulgarian hotel operator Albena [BUL:ALB] said on Tuesday that it is proposing to distribute a gross dividend of 0.11 levs ($0.061/0.056 euro) per share for 2022.
The company intends to distribute the dividend out of its net profit of 992,047 levs reported for last year, Albena said in a bourse filing. The remaining earnings will be retained as undistributed profit.
The proposal will be put to the vote at a general meeting of shareholders on June 24.
Albena distributed a gross dividend of 0.10 levs per share for 2021, or a total of 423,274 levs, according to previously disclosed data.
As of 1325 CET on Tuesday, shares in Albena traded flat at 28.00 levs on the Bulgarian Stock Exchange.
(1 euro = 1.95583 levs)