Ljubljana, 28 May (STA) - Shareholders of the insurer Zavarovalnica Triglav endorsed on Tuesday the proposal from the management and supervisory boards that EUR 56.8 million in distributable profit or EUR 2.50 gross per share be earmarked for dividends.
The proposed payout represents 70% of the consolidated net profit for 2018 or 85% of the insurer's distributable profit. The ex-dividend date is 12 June, Zavarovalnica Triglav said in a press release.
"We are happy that we are able to pay out attractive dividends," chairman Andrej Slapar told the shareholders, adding that the insurer would continue pursuing the development and growth policy enshrined in its strategy.
Shareholders also got acquainted with the 2018 annual reports of the core company and group and gave the management and supervisory boards a discharge of liability for last year.