Turkish Adana Cimento plans US$61m dividend for 2006

Turkish Adana Cimento plans US$61m dividend for 2006
Published: 22 March 2007

Turkish cement company Adana Cimento said it would propose its shareholders to vote on the payment of a dividend of TRL85.4m (US$61m) for 2006.  
 
The company closed last year with a net profit of TRL133.2m (US$95.1m) and sales of TRL250.8m (US$179m).  
 
Adana Cimento will pay a total dividend of TRL46.14m (US$33.02m) on A type shares, TRL30.76m (US$22.01m) on B type shares and 8.54 mln on C type shares.