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N. Macedonia's Cementarnica Usje to distribute advance dividend for Jan-Sept

Nov 23, 2020, 12:00:00 AMArticle by Dragana Petrushevska
share
SKOPJE (North Macedonia), November 23 (SeeNews) - North Macedonia's building materials producer Cementarnica Usje [MSE:USJE], a unit of Greek-based cement producer Titan, said that the company's board has decided to distribute an advance gross dividend of 2,014 denars ($38.8/32.7 euro) per share for the first nine months of 2020.

N. Macedonia's Cementarnica Usje to distribute advance dividend for Jan-Sept
Photo: Cementarnica Usje / All rights reserved.

Cementarnica Usje will distribute a total of 1.14 billion denars as advance dividend for the January-September period, the company said in a bourse filing on Friday.

The company paid a gross dividend of 2,360 denars per share for the whole year of 2019.

The company's net profit rose by an annual 21% to 1.1 billion denars in the first nine months of 2020.

The building materials producer's shares last traded on the Macedonian Stock Exchange on November 18 at an average price of 28,500 denars.

(1 euro = 61.66 denars)

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