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Macedonia's Pelagonija to skip dividend

Macedonia's Pelagonija to skip dividend Author: Ken Teegardin. Licence: Creative Commons, Attribution-ShareAlike 2.0 Generic.

SKOPJE (Macedonia), June 6 (SeeNews) - Macedonian agricultural and stockbreeding company ZK Pelagonija [MSE:ZPKO] said it will skip dividend for 2017.

The company will reinvest its 2017 net profit amounting to 12.7 million denars ($242,634/206,310 euro), Pelagonija said in a bourse filing.

Pelagonija did not distribute dividend for 2016.

ZK Pelagonija is active in agricultural production and trade, livestock breeding, transport and distribution services.

(1 euro = 61.56 denars)