May 23 (SeeNews) - Bulgarian hydro generator maker IHB Electric said that it is planning to distribute a gross dividend of 6 levs ($3.4/3.1 euro) per share for 2018.
IHB Electric will distribute its entire profit in 2018, of 1.83 million levs, and a further 5.45 million levs of undistributed profit from previous financial years, the company said in a commercial register filing last week.
IHB Electric's shareholders will vote on the proposal at a general meeting scheduled for June 27.
(1 euro = 1.95583 levs)