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Bulgaria s Port Fleet 99 to distribute 0 015 euro/share dividend for 2020
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Bulgaria s Port Fleet 99 proposes 0.015 euro/share dividend for 2020 Ken Teegardin/CC BY-SA 2.0
SOFIA (Bulgaria), May 27 (SeeNews) - Bulgarian ship towage company Port Fleet 99 [BUL:PF99] proposed to its shareholders to distribute a gross dividend per share of 0.03 levs ($0.0.019/0.015 euro) for 2020, it said.
The company intends to distribute 60,252 levs of its 2020 net profit of 123,700 levs as dividend, it said in a bourse filing on Wednesday.
The remainder of the net profit will be allocated to other reserves .
Shareholders in the company will vote on the proposal at a meeting scheduled for June 29, Port Fleet 99 said.
Shares of Port Fleet 99 started trading on the Bulgarian Stock Exchange in November 2020.