June 8 (SeeNews) - Bulgarian diversified group Stara Planina Hold [BUL:SPH] said on Thursday that its shareholders approved a proposal for the distribution of gross dividend of 0.31579 levs ($0.1730/0.1615 euro) per share for 2022.
Equity owners will receive a total of 6.54 million levs, allocated from the company's net profit reported for last year, Stara Planina Hold said in a bourse filing. The dividend will be distributed over six months, starting August 1.
Additionally, each board member will receive 2% of last year's earnings as a bonus, while the remainder will be retained as undistributed profit.
The company paid out a gross dividend of 0.29825 levs per share for 2021, or a total of 6.18 million levs, according to previously disclosed data.
As of 1330 CET on Thursday, shares in Stara Planina Hold traded flat at 10.00 levs on the Bulgarian Stock Exchange.
(1 euro = 1.95583 levs)