June 14 (SeeNews) - Bulgarian aluminium products manufacturer Alcomet [BUL:6AM] said on Friday that its shareholders have approved a gross dividend distribution of 0.1512 levs ($0.869/0.773 euro) per share for 2018.
As at 14:00 CET on Friday, Alcomet shares traded 9.48% lower at 10.5 levs on the Bulgarian Stock Exchange.
Alcomet will distribute a total of 2.71 million levs as dividend for last year, the company said in a bourse filing.
The company distributed a gross dividend of 0.4499 levs per share for 2017.
The company's non-consolidated net profit fell by an annual 11.1% to 13.7 million levs in 2018.
Alcomet produces household, technical and container foils, finstock, sheets and strips, as well as standard and customized profiles. The company exports over 90% of its output.
(1 euro = 1.95583 levs)