By: Ahmad Awad
Kuwait-Mubasher: Al Imtiaz Investment Group’s ordinary general meeting agreed on distributing 6% cash dividends of the capital or 6 fils per share.
According to Mubasher’s calculations, the approved dividends total KWD 6.5 million ($21.53), after excluding treasury shares.
During FY15, the KSE-listed firm achieved 70.4% growth in earnings to KWD 10.5 million ($34.78 million), from KWD 31.4 million ($104.02 million) in FY14.
On KSE’s level, the stock gained 1.32% to end Thursday’s session at 77 fils, after 3 million shares were exchanged with a vale worth about KWD 225,640.
