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N. Macedonia's Rade Koncar - Aparatna Tehnika to pay higher dividend for 2021

N. Macedonia's Rade Koncar - Aparatna Tehnika to pay higher dividend for 2021 Toshe Ognjanov/Shutterstock.com

SKOPJE (N. Macedonia), June 28 (SeeNews) - North Macedonia-based electrical components and equipment manufacturer Rade Koncar - Aparatna Tehnika [MSE:RADE] said on Tuesday its shareholders approved a proposal to distribute a gross dividend of 140 denars ($2.4/2.3 euro) per share for 2021.

Rade Koncar - Aparatna Tehnika will distribute 28.87 million denars from its 2021 net profit as dividend, the company said in a bourse filing.

The company paid a gross dividend of 120 denars per share for 2020.

The electrical equipment manufacturer's net profit came in at 39.8 million denars in 2021, up from 28.2 million denars in 2020.

The company's shares last traded on the Macedonian Stock Exchange (MSE) on March 10, at an average price of 2,150 denars.

(1 euro = 61.67 denars)

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