At a meeting held 11 July, shareholders in Black Sea Investment REIT Sofia approved to pay out 25.13 leva gross dividend per share on 2006 income, BSE reports.

Dividend payment starts 1 December 2007. Ex-dividend date is 24 July 2007.

The total amount to be distributed as dividend stands at 18.15 mln leva (9.280 mln euros), or 90% of 2006 income.

For 2007 Q1 the company posted net profit in the amount of 19,000 leva (9.714 euros). Its core capital stands at 650,000 leva (332,339 euros) and shared capital at 20.474 mln leva (10.468 mln euros).

The company's stock has been traded just once on the BSE so far – 250,000 lots changed hands on November 23 at 2.55 leva/share.