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Bulgaria's Finance Direct plans 0.04 euro/share dividend for 2023

Apr 17, 2024, 11:19:03 AMArticle by Mihaela Miteva
share
April 17 (SeeNews) - Bulgarian financial leasing company Finance Direct said it is proposing a gross dividend payout of 0.08 levs ($0.044/0.041 euro) per share for 2023.

Bulgaria's Finance Direct plans 0.04 euro/share dividend for 2023
Photo by Towfiqu barbhuiya on Unsplash

The company plans to distribute as dividend 200,000 levs in total out of its net profit of 367,418 levs reported for last year, Finance Direct said in a bourse filing on Tuesday. The remaining earnings would be retained as undistributed profit.

The proposal will be put to the vote at a general meeting of shareholders scheduled for May 28.

Finance Direct paid out a gross dividend of 0.075 levs per share for 2022, or a total of 187,500 levs.

(1 euro = 1.95583 levs)

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