BULGARIA'S SHIP REPAIR ODESSOS TO PAY 352 000 LEVA IN DIVIDEND FOR 2010
The shareholders of Bulgarian ship repair yard Odessos have approved the company's decision to pay 352 000 leva in dividend for 2010, or 0.60 leva a share, the plant said in a statement to the Bulgarian Stock Exchange's information service X3 News on June 11 2011.
The shareholders also decided to set aside the remainder of the plant's 2.3 million leva net earnings for 2010 as undistributed profit.
The dividend will be paid on September 11 2011 to shareholders registered in the Central Depository 14 working days after the general meeting.
In 2010, Odessos distributed slightly over two million leva in dividend on its 2009 results, or 3.5 leva a share.
The plant recorded a revenue of about six million leva in the first quarter of 2011, up 34 per cent in annual terms.
