By: Ahmed Awad
Kuwait-Mubasher: Shareholders of Kuwait Food – Americana agreed Sunday on distributing cash dividends at 100% of the stock’s par value (100 fils per share) for the fiscal year 2015.
The company’s general meeting also approved 1.33-for-1 in-kind dividends (133 fils per share).
Americana earlier posted a net profit of KWD 43.9 million ($145.46 million) in 2015, 15.6% down from KWD 52.02 million ($172.36 million) in 2014.
Translated by: Elwy el-Manzalawy
