April 8 (SeeNews) - North Macedonia-based textile products manufacturer Teteks [MSE:TETE] said that its shareholders approved a proposal for a dividend payout of a gross 36.67 denars ($0.65/0.59 euro) per share for 2019.
The company paid 141.176 denars per share in dividend for 2018.
Teteks will distribute a total of 15.19 million denars as a dividend for last year, the company said in a statement filed with the Skopje bourse on Tuesday.
Teteks initially planned to pay a total of 29.91 million denars as dividend for 2019 but decided in late March to reduce the amount due to the coronavirus outbreak.
The company's shares last traded on the Macedonian Stock Exchange on April 1 at a price of 1,796 denars apiece.
(1 euro = 61.59 denars)