March 29 (SeeNews) - Bulgaria's Odessos Shiprepair Yard [BUL:ODES] said on Wednesday that it will propose to its shareholders to approve the distribution of a gross dividend of 12.80 levs ($7.09/6.54 euro) per share for 2022.
The proposal will be put to the vote at a general meeting of shareholders on May 12, Odessos said in a bourse filing.
In 2021, the Varna-based company paid out a gross dividend of 4.00 levs per share, or 2.3 million levs in total, according to previously disclosed data.
The company's net profit soared to 17.4 million levs in 2022 from 5.6 million levs a year earlier.
Shares in Odessos Shiprepair Yard last traded at 174.00 levs on the Bulgarian Stock Exchange, bourse data show.
(1 euro = 1.95583 levs)