May 27 (SeeNews) - Bulgarian power plant equipment maintenance company Atomenergoremont [BUL:ATOM] said on Thursday that its management is proposing the distribution of a gross dividend per share of 0.015 levs ($0.0094/0.0077 euro) for 2020.
Atomenergoremont paid a gross 0.010 levs per share as dividend for 2019.
Under the proposal, the company will distribute 230,327 levs of its profit in 2020, while another 11.61 million levs will be kept as undistributed profit, Atomenergoremont said in a stock exchange filing.
Shareholders in the company will vote on the proposal at a meeting scheduled for June 30.
Shares in Atomenergoremont last traded on the Bulgarian Stock Exchange at a price of 6 levs.
The company's net profit dropped to 11.8 million levs in 2020 from 21.3 million levs in 2019.
(1 euro = 1.95583 levs)