July 11 (SeeNews) - Marina operator Adriatic Croatia International Club [ZSE:ACI-R-A] said it will distribute a gross dividend of 167.25 kuna ($25.5/22.6 euro) per share for 2018, up from 109.41 kuna per share paid last year.
The company will distribute as dividend 18.6 million kuna from last year's net profit of 31 million kuna, it said in a filing to the Zagreb Stock Exchange on Wednesday.
The remaining 12.4 million kuna will be kept as retained earnings.
The dividend payment was approved by ACI's general meeting of shareholders held on July 10.
Croatia's ministry of state property owns a 77.09% stake in ACI.
(1 euro = 7.39510 kuna)