September 13 (SeeNews) - Croatian hotel company Turisthotel [ZSE:TUHO] said on Tuesday its shareholders decided to distribute a dividend of 200 kuna ($27/ 26.6 euro) per share for last year.
Out of the company's net profit of 77.9 million kuna reported for 2021, 72.7 million kuna will be distributed as dividend and 5.1 million kuna will be retained, Turisthotel said in a filing to the Zagreb bourse following its shareholders' meeting held on Monday.
The approved amount of the dividend is higher compared the original proposal by the management for a 80 kuna dividend payout par share.
Record date is September 12 and payment date is September 19.
Last year, the shareholders decided to cover the company's net loss of 2.9 million kuna reported for 2020 with retained profit.
The company's shares last traded on Monday on the Zagreb bourse, closing flat at at 4,240 kuna.
(1 euro = 7.523 Croatian kuna)