September 14 (SeeNews) - Croatian blue-chip civil engineering company Institut Gradjevinarstva Hrvatske (IGH) on Monday said it plans to pay a dividend of 50 kuna ($9.9/6.8 euro) per share for 2008, down from the 75 kuna per share payout for the previous year.
The 2008 dividend proposal will be voted on at a general shareholders' meeting scheduled for October 26, the company said in a statement to the Zagreb Stock Exchange (ZSE).
The company shares, part of the 24-share benchmark CROBEX index of the ZSE, closed at 4,100 kuna on Monday, down from their Friday close of 4,127.87 kuna.
(1 euro=7.3292 Croatian kuna)