BELGRADE (Serbia), April 30 (SeeNews) – Serbian blue-chip cookware maker Metalac [BEL:MTLC] will pay a gross dividend of 85 dinars ($0.81/0.72 euro) per share on 2018 earnings, the same as last year.
The company plans to distribute a total of 164.5 million dinars in dividends, while keeping the rest of its 2018 earnings, equal to 107.1 million dinars, as undistributed profit, it said in a filing with the Belgrade bourse last week.
Metalac recorded an operating profit of 271.6 million dinars in 2018, it said.
The decisions were approved by the company's annual shareholders' meeting held on April 24.
(1 euro = 117.986 dinars)