Dobrudzha Holding To Distribute 7.2 Leva Gross Dividend per Share

Dobrudzha Holding To Distribute 7.2 Leva Gross Dividend per Share

Dobrudzha Holding () will distribute dividend for 2007, the shareholders of the company decided at a general meeting yesterday, the Bulgarian Stock Exchange (BSE) said.

The company will distribute 7.2 leva (3.68 euros) gross dividend per share, while the payment will start on August 8.

Shareholders on record with the Central Depository as at May 23 will be entitled to receive dividend.

The final date for acquiring Dobruzha Holding stock, which will grant the shareholders dividend rights is setfor may 21, 2008.

Dobruzha Holding did not pay dividend for 2006.

The company booked 2.76 mln leva (1.41 mln euros) consolidated profit for 2007. The total operating revenue amounted to 2.74 mln leva, compared to 3,000 leva posted a year earlier.

A total of 34 shares in the company were traded on BSE so far today. The stock has appreciated by 30% to an average of 6.5 leva per share.

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