Bulgaria's Real Bulland plans 0.01 euro/share dividend for 2023

The company plans to pay out as dividend some 161,012 levs out of its net profit of 828,486 levs reported for last year, Real Bulland said in a bourse filing on Wednesday. Of the remaining amount, some 584,474 levs would be retained as undistributed profit, while 83,000 levs would top up the company's reserve fund.

The proposal will be put to the vote at a general meeting of shareholders scheduled for May 16.

The company distributed a gross dividend of 0.01 levs per share for 2022, or some 60,204 levs in total, according to previously disclosed information.

Shares in Real Bulland last traded on March 28 when they closed at 1.75 levs on the BaSE market of the Bulgarian Stock Exchange, bourse data show.

(1 euro = 1.95583 levs)