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N. Macedonia's Teteks to pay flat dividend for 2023

Apr 19, 2024, 3:43:44 PMArticle by Dragana Petrushevska
share
April 19 (SeeNews) - North Macedonia's textile products manufacturer Teteks [MSE:TETE] said on Friday that the company's shareholders have approved a plan to distribute a gross dividend of 110 denars ($1.9/1.8 euro) per share for 2023, same as the previous year.

N. Macedonia's Teteks to pay flat dividend for 2023
Author: Joost Nelissen Licence: Creative Commons

Teteks will distribute a total of 44.9 million denars as dividend for 2023, the company said in a bourse filing.

The company's net profit rose 39% year-on-year in 2023, reaching 94.3 million denars.

Teteks' shares last traded on the Macedonian Stock Exchange (MSE) on April 8, at an average price of 2,970 denars.

(1 euro = 61.66 denars)

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