September 28 (SeeNews) - Bulgarian Real Estate Fund REIT (BREF) [BUL:5BU] said on Monday that its shareholders have approved the distribution of a gross dividend of 0.1241 levs ($0.075/0.063 euro) per share for 2019.
The real estate investment trust distributed a gross dividend of 0.0996 levs per share for 2018.
The company will distribute a total of 4.3 million levs as dividend for last year, BREF said in a bourse filing.
As at 13:45 CET on Monday, BREF shares traded 1.76% higher at 1.73 levs on the Bulgarian Stock Exchange.
The company's net profit fell to 5 million levs in 2019 from 6.4 million levs in 2018.
(1 euro = 1.95583 levs)