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Bulgaria's Mak to pay 3.57 euro per share dividend for 2023

Jun 21, 2024, 11:59:03 AMArticle by Mihaela Miteva
share
June 21 (SeeNews) - Bulgarian textile company Mak [BUL:MAK] said its shareholders endorsed the distribution of a gross dividend of some 6.99 levs ($3.83/3.57 euro) per share for 2023.

Bulgaria's Mak to pay 3.57 euro per share dividend for 2023
Image source: Mak

Mak will pay out 2.83 million levs in total out of its net profit of 6.31 million levs reported for last year, the company said in a bourse filing on Thursday. The remaining earnings will be retained.

The dividend will be disbursed between August 20, 2024, and February 20, 2025.

Last year, Mak skipped dividend distribution for 2022 after paying out a gross dividend of some 2.47 levs per share for 2021.

Shares in Mak last traded at 100 levs on the BaSE market of the Bulgarian Stock Exchange, bourse data show.

(1 euro = 1.95583 levs)

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