March 29 (SeeNews) - North Macedonia's Komercijalna Banka [MSE:KMB] said that its shareholders have approved the distribution of a gross dividend of 910 denars ($15.9/14.8 euro) per share for 2023, higher than the 500 denars dividend paid out for the previous year.
Komercijalna Banka will pay out a total of 2.1 billion denars out of its undistributed profit as dividend for 2023, the lender said in a bourse filing earlier this week.
Komercijalna Banka booked a net profit of 3.6 billion denars in 2023, up 66% year-on-year.
The bank's shares traded at an average price of 17,720 denars on the Macedonian Stock Exchange (MSE) on Thursday, the latest available bourse data shows.
(1 euro = 61.48 denars)
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