September 11 (SeeNews) - Bulgarian poultry producer Gradus [BUL:GR6] said that it is proposing to distribute a gross dividend of 0.022 levs ($0.013/0.011 euro) per share for the first half of 2020.
Under the proposal, Gradus will pay out a total of 5.36 million levs as dividend, the company said in a bourse filing late on Thursday.
The company's shareholders will vote on the proposal at a general meeting scheduled for October 16.
Gradus' standalone net profit fell to 5.8 million levs in the first half of the year from 6 million levs in the same period of 2019. Last year, the company distributed a gross 0.0209 levs as dividend for the first half of 2019.
Shares in Gradus closed at a price of 1.38 levs on the Bulgarian Stock Exchange on Thursday.
(1 euro = 1.95583 levs)