May 21 (SeeNews) - North Macedonian construction company Granit [MSE:GRNT] said on Friday that its shareholders approved the management's proposal to distribute a gross dividend of 16.67 denars ($0.33/0.27 euro) per share for last year.
Granit will pay out a total of 46.2 million denars of undistributed profit from previous years as dividend for 2020, the company said in a bourse filing.
The company distributed a gross dividend of 33.33 denars per share for 2019.
The company's consolidated net profit slumped to 56.9 million denars in 2020 from 304 million denars booked in 2019.
(1 euro = 61.60 denars)