September 25 (SeeNews) - Turkish mobile phone operator Turkcell [IST:TCELL] said its board of directors has decided to propose the distribution of a gross dividend of 0.37 lira ($0.05/0.04 euro) per share for 2019.
Under the proposal, Turkcell will pay out a total of 811.62 million lira as dividend, representing 25% of the company's net distributable profit for the fiscal year 2019, the company said in a statement on Thursday.
The company's shareholders will vote on the proposal at a general meeting scheduled for October 21.
Turkcell's consolidated net profit in 2019 totalled 3.25 billion lira.
(1 euro = 8.8670 lira)