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Croatia's INA to pay higher dividend for 2018

Croatia's INA to pay higher dividend for 2018 Author: F. Buva. License: All rights reserved

ZAGREB (Croatia), June 13 (SeeNews) - Croatian oil and gas company INA [ZSE:INA-R-A] said it will pay a dividend of 125 kuna ($19.0/16.9 euro) per share for 2018, higher than the 55 kuna paid out last year.

The company plans to distribute as dividend 1.25 billion kuna from last year's net profit, it said in a filing to the Zagreb Stock Exchange (ZSE) on Wendesday.

The decision was adopted at the company's general assembly by INA's management board and the supervisory board on Wednesday. 

INA also said that its net profit for 2018 amounted to 1.3 billion kuna. 

(1 euro = 7.44218 kuna)