Bulgaria's Trace Group to pay 0.13 euro per share dividend

The company will pay out a total of 6.05 million levs out of its net profit of 14.85 million levs reported for last year, Trace Group said in a bourse filing last week. The remaining 8.8 million levs will go to the company's development fund.

The dividend will be disbursed from August 26 until the end of 2024.

Last year, Trace Group distributed a gross dividend of 0.16 levs per share for 2022, or some 3.87 million levs in total, according to previously disclosed information.

As of 1045 CEST on Thursday, shares in Trace Group Hold traded 0.43% higher at 4.72 levs on the Bulgarian Stock Exchange.

(1 euro = 1.95583 levs)