Alba approves proposed dividends’ payment

Aluminum Bahrain (Alba) agreed on the board’s recommendation of distributing a cash dividend standing at 11 fils per share of which 5.5 fils per share was already paid as interim dividend for the fiscal year 2015, the company said in a bourse statement.

The overall cash dividend’s payment reached BHD 15.5 million during 2015.

Thus, Alba stock will trade ex-dividend starting from Thursday, 17 March, the company added.

 

Mubasher Contribution Time: 16-Mar-2016 10:19 (GMT)