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

The company will return to its investors some 161,012 levs out of its net profit of 828,486 levs reported for last year, Real Bulland said in a bourse filing last week. Of the remaining earnings, some 584,474 levs will be retained as undistributed profit, while 83,000 levs will go towards the company's reserve fund.

The dividend distribution will start on June 17.

The company paid out 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 May 14 when they closed at 1.25 levs on the BaSE market of the Bulgarian Stock Exchange, bourse data show.

(1 euro = 1.95583 levs)