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Krosno plans 1999 dividend

Polish glassmaker Krosno said it planned to pay a dividend of Zl 0.6 per share for 1999.
The dividend still needs to be approved by the company“s shareholders who are scheduled to meet on June 2, it…

Polish glassmaker Krosno said it planned to pay a dividend of Zl 0.6 per share for 1999. The dividend still needs to be approved by the company“s shareholders who are scheduled to meet on June 2, it said. Krosno, which has about 3.3 million shares outstanding, made a net profit of about Zl 8.6 million (US$ 1.92 million) last year. It plans to spend nearly Zl 2 million on last year“s dividend, the statement said.

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