Crnogorski Telekom will distribute 5,8 million euros gross or net, about ten cents per share, as a dividend to shareholders from last year's 5,48 million euros in profit.
The remaining amount of 342 thousand euros will be allocated to retained earnings. The total retained earnings of Telekom from previous years will amount to 15,7 million euros.
The Telekom shareholders' assembly also adopted a decision to continue buying back its own shares from small shareholders, for which the company will invest three million euros in the next ten months.
Hrvatski Telekom owns 78 percent of Crnogorski Telekom's shares, while around 22 percent belongs to small shareholders.
The Jugopetrol Assembly has decided to direct last year's net profit of 7,1 million euros into retained earnings, and to distribute six million euros gross from the retained earnings to shareholders this year. Shareholders will receive around 1,1 euros in net amount.
Jugopetrol's total retained earnings, after this payment, will amount to around 25 million euros.
Hellenic owns about 55 percent of Jugopetrol's shares, and 45 percent belongs to small shareholders.
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