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Nestle Bulgaria planning 10.5 mln euro dividend for 2018

Author Mario Tanev
Nestle Bulgaria planning 10.5 mln euro dividend for 2018 tanatat/Shutterstock.com

SOFIA (Bulgaria), June 4 (SeeNews) - Nestle Bulgaria, a unit of global food giant Nestle, is planning to distribute a total of 20.6 million levs ($11.9 million/10.5 million euro) as dividend for 2018.

Under the proposal, Nestle Bulgaria will distribute a gross dividend of 2.01 levs per share for last year, the company said last week in an invitation for a shareholders meeting.

The company's shareholders will put the proposal to a vote on June 25.

Nestle Bulgaria operates one production plant, in Sofia. About 90% of the plant's output consists of the Kitkat wafer bar.

(1 euro = 1.95583 levs)

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