Slovenian Petrol to raise dividend by 14 pct

Petrol dd Ljubljana

09/03/2018 14:20

LJUBLJANA, March 9 (Reuters) - Slovenia's largest fuel
retailer Petrol  PETG.LJ  proposed to raise its dividend to 16
euros ($19.68) per share from 14 euros paid last year, the
company said on Friday.
    The proposal needs to be approved by shareholders at their
meeting on April 26. 
    The proposal follows a 12 percent rise in 2017 group net
profit to 81.1 million euros reported on Wednesday.  urn:newsml:reuters.com:*:nL5N1QP18U


($1 = 0.8131 euros)

 (Reporting by Marja Novak; Editing by Adrian Croft)
 ((Marja.Novak@thomsonreuters.com; +386-1-5058805, Reuters
Messaging: marja.novak.thomsonreuters.com@reuters.net))