May 16 (SeeNews) - North Macedonia-based building materials producer Cementarnica Usje [MSE:USJE], a unit of Greek cement producer Titan, said on Tuesday its shareholders have approved a plan to distribute a dividend of 1,273 denars ($22.5/20.6 euro) per share for 2022.
The company plans to distribute a total of 717.7 million denars as dividend for 2022, it said in a bourse filing.
Last year, the company paid a dividend of 458 denars per share for the second half of 2021, after paying an advance dividend of 1,646 denars per share for the first six months of that year.
Cementarnica Usje's net profit fell by an annual 13% to 1 billion denars in 2022.
The company's shares last traded on the Macedonian Stock Exchange on April 24, at an average price of 29,000 denars, bourse data showed.
(1 euro = 61.66 denars)