May 17 (SeeNews) - Bulgarian diversified group Stara Planina Hold [BUL:5SR] said that its shareholders have endorsed the management's proposal for a gross dividend distribution of 0.242 levs ($0.14/0.12 euro) per share for 2018.
The holding company paid a gross dividend of 0.228 levs per share for 2017.
Stara Planina Hold will distribute a total of 5.04 million levs as dividend for 2018, the company said in a bourse filing on Thursday.
Stara Planina Hold's shares last traded on the Bulgarian Stock Exchange on Wednesday, when they closed at 5.80 levs.
The company booked a non-consolidated net profit of 5.8 million levs in 2018, up from 5.5 million levs in 2017.
Stara Planina Hold's investment portfolio includes companies from the sectors of machine building, electrical engineering and perfumery and cosmetics.
(1 euro = 1.95583 levs)