Mubasher: The ordinary general meeting (OGM) of Ahli United Bank – Kuwait (AUB Kuwait) approved distributing 12% cash dividends and 8% bonus shares for fiscal year 2016.
AUB Kuwait will pay 12 fils per share as cash dividends as well as distributing 8-for-100 shares as a bonus, according to a bourse statement issued on Thursday.
During the fiscal year, the bank’s profits shrank to total KWD 40.35 million from KWD 42.81 million in FY15.
At the stock level, AUB Kuwait ended Thursday’s session 1.08% lower at 460 fils, after about 191,700 shares were traded at a value of nearly KWD 87,900.
