March 19 (SeeNews) - North Macedonian marble producer Mermeren Kombinat [MSE:MERM] said on Tuesday that it is proposing to distribute a dividend of 4.869 euro ($5.524) for 2018.
Mermeren Kombinat paid a gross dividend of 0.73 euro per share for 2017.
Under the proposal, the company will distribute a total of 22.8 million euro as dividend for 2018, Mermeren Kombinat said in a bourse filing.
Mermeren Kombinat shareholders will vote on the proposal at a meeting scheduled for April 16.
The company's net profit soared 215% to 1.4 billion denars in 2018, according to figures from its annual financial statement.
($ = 0.8815 euro)