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N. Macedonia's Stopanska Banka to pay higher dividend on preferred stock

Jun 3, 2024, 9:41:17 AMArticle by Dragana Petrushevska
share
June 3 (SeeNews) - North Macedonia's Stopanska Banka Skopje [MSE:STB] said that its shareholders have approved a plan to distribute a gross dividend of 6 denars ($0.11/0.097 euro) per share for 2023 to the holders of its preferred shares, up from the 5 denars payout a year earlier.

N. Macedonia's Stopanska Banka to pay higher dividend on preferred stock
Photo: Stopanska Banka Skopje / All rights reserved.

Stopanska Banka will distribute a total of 1.36 million denars as dividend for 2023, the bank said in a bourse filing on Friday.

The bank's net profit reached 3.5 billion denars in 2023, up 46.3% year-on-year

Stopanska Banka's shares traded on the Macedonian Stock Exchange (MSE) at an average price of 1,571 denars on Friday.

(1 euro = 61.54 denars)

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