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N. Macedonia's Mermeren Kombinat to pay lower dividend for 2023

May 30, 2024, 4:09:42 PMArticle by Dragana Petrushevska
share
May 30 (SeeNews) - North Macedonia's marble producer Mermeren Kombinat [MSE:MERM] said on Thursday its shareholders have approved a plan to distribute a gross dividend of 2.8 euro ($3) per share for 2023, lower compared with the previous year.

N. Macedonia's Mermeren Kombinat to pay lower dividend for 2023

The company plans to use 807.1 million denars ($14.2 million/13.1 million euro) from last year's profit to distribute the dividend, Mermeren Kombinat said in a bourse filing.

Mermeren Kombinat paid a gross dividend of 4.06 euro per share for 2022.

The company booked a net profit of 843.2 million denars in 2023, down 2% compared with the year before.

The marble producer's shares last traded on the Macedonian Stock exchange (MSE) on November 13, at an average price of 2,575 denars.

(1 euro = 61.53 denars)

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