Fitofarmacija to increase cash dividend to RSD 80 per share

Source: Wise broker Monday, 23.05.2016. 15:44
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(Photo: fitofarmacija.com)
Board of Directors at plant protection applications manufacturer, Galenika Fitofarmacija (FITO), scheduled the AGM for June 24th this year.

As usual, the GA is to approve cash dividend payment, while this time it was proposed to be paid out gross RSD 80 per share, which is up 5% vs. 2014 number. The amount bears gross 3.3% yield.

Record date is on June 24th, while payment should be completed until September 30th this year. AGM agenda incorporates other items such financial statements adoption, as well as a decision on share buyback plan (never been activated).

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