April 13 (SeeNews) - North Macedonia's pension fund Sava Penzisko Drustvo [MSE:NVPF] will distribute a gross dividend of 2,610.85 denars ($50.5/42.3 euro) per share for 2020, it said on Tuesday.
The company's shareholders approved the proposed dividend payout at a meeting held on March 30, Sava Penzisko Drustvo said in a bourse filing.
Sava Penzisko Drustvo paid no dividend for 2019.
The company booked a net profit of 97.4 million denars last year, up from 82.7 million denars profit reported for 2019, Sava Penzisko Drustvo said in a separate bourse filing.
Sava Penzisko Drustvo is a wholly-owned unit of Slovenian reinsurer Sava Re.
(1 euro = 61.76 denars)