May 31 (SeeNews) - North Macedonia's Makedonski Telekom [MSE:TEL] will distribute a gross dividend of 19.34 denars ($0.34/0.31 euro) per share for 2022, slightly down from last year's payout of 19.96 denars denars per share, it said on Wednesday.
The telecommunications group will distribute as dividend a total of 1.67 billion denars, the company said in a bourse filing.
Makedonski Telekom's shareholders approved the proposal at a general meeting on May 30.
The telco's net profit fell 6% year-on-year in 2022, to 1.5 billion denars.
Makedonski Telekom's shares last traded at an average price of 395 denars on the Macedonian Stock Exchange on May 30, the latest bourse data shows.
(1 euro = 61.66 denars)