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Serbian tobacco firm DIB to skip dividend for 2018

Author Radomir Ralev
Serbian tobacco firm DIB to skip dividend for 2018 Cigarette. Author (Wikicommons) License all rights reseved.

BELGRADE (Serbia), April 23 (SeeNews) - Serbian tobacco company Duvanska Industrija Bujanovac (DIB) [BEL:DIBB] intends to skip dividend distribution for 2018, it said.

The company did not pay a dividend for 2017 either.

Duvanska Industrija Bujanovac shareholders approved the decision at a meeting held on April 19, the company said in a bourse filing.

The share price of DIB currently stands at 11,453 dinars ($109.2/97.1 euro), according to data from the Belgrade Stock Exchange. There were no deals involving the shares of the company in the last three years.

(1 euro = 117.995 dinars)

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