Tehnogas AGM approves dividend of RSD 1,801 per share

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Shareholders will receive gross dividend of RSD 1,801 per share (RSD 1.9bn in total) from retained earnings and last year’s profit. A record date for shareholders is May 17th, while the company will pay out the dividend on September 15th. Tehnogas, controlled by German multinational company Messer, will pay out dividend for the first time since the company went public on the BSE. Shares in Tehnogas have decreased 8% in 2016 so far, while market cap of the company at the last price of RSD 8,001 stands at RSD 8.3bn (EUR 67.3m).
Source: Tehnogas, Wisebroker