June 28 (SeeNews) - Bulgarian financial leasing company Finance Direct said its shareholders approved a proposal for a gross dividend payout of 0.075 levs ($0.042/0.038 euro) per share for 2022.
The company will distribute a total of 187,500 levs as dividend out of its net profit of 244,634 levs reported for last year, Finance Direct said in a bourse filing on Monday. Of the remaining earnings, some 56,651 levs will be retained as undistributed profit, while 483.6 levs will top up the company's reserve fund.
The proposal was given the green light at a general meeting of shareholders held on June 26.
Finance Direct paid out a gross dividend of 0.08 levs per share for 2021, or 200,000 levs in total, according to previously disclosed data.
In April, the company was authorised by its shareholders to issue a five-year bond of up to 1.5 million euro.
(1 euro = 1.95583 levs)