Stroyinvest Holding To Distribute 0.32 Leva Dividend per Share

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Stroyinvest Holding To Distribute 0.32 Leva Dividend per Share

Stroyinvest Holding's shareholders will decide at a general meeting on the distribution of the company's profit for 2007.

A total of 50% of the net profit of the company for 2007 will be distributed as dividend, which translates into 0.32 (0.16 euros) leva per share, data of the Bulgarian Stock Exchange (BSE) show. Some 40% of the profit, or 95,528 leva (48,850 euros), will be booked as retained profit, while the remaining 10%, or 23,957.83 leva (12,250 euros), will be allocated to the Reserves fund.

The final date for sealing deals in Stroyinvest Holding's stock, which will allow the investors to exercise their voting rights at the general meeting, is May 15, 2008.

The company distributed 0.53 leva (0.27 euros) gross dividend per share for 2006. Major shareholder in Stroyinvest Holding is Glavbolgarstroy with 50.1% of the capital.

A total of 25 shares in the company traded hands on BSE today at a price of 4.42 leva (2.26 euros) per share.

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