June 4 (SeeNews) - Nestle Bulgaria, a unit of global food giant Nestle, is planning to distribute a total of 20.6 million levs ($11.9 million/10.5 million euro) as dividend for 2018.
Under the proposal, Nestle Bulgaria will distribute a gross dividend of 2.01 levs per share for last year, the company said last week in an invitation for a shareholders meeting.
The company's shareholders will put the proposal to a vote on June 25.
Nestle Bulgaria operates one production plant, in Sofia. About 90% of the plant's output consists of the Kitkat wafer bar.
(1 euro = 1.95583 levs)