July 1 (SeeNews) - Bulgarian battery manufacturer Monbat [BUL:5MB] said that its shareholders have approved the company's proposal for a gross dividend distribution of 0.1026 levs ($0.0594/0.0525 euro) per share for 2018.
The company distributed 7.5 million levs, or 0.1923 levs per share, for 2017.
You can download the 2023 Automotive industry in Southeast Europe report here
Monbat will distribute a total of 4 million levs as dividend for 2018, the company said in a bourse filing on Friday.
Monbat shares last traded on the Bulgarian Stock Exchange on Friday, when they closed at 6.80 levs.
The battery maker's non-consolidated net profit rose to 9.9 million levs in 2018 from 6.4 million levs in 2017.
(1 euro = 1.95583 levs)