Mubasher: Boubyan Petrochemical said that it received KWD 18.6 million ($60.9 million) worth a share of distributing the dividends of its subsidiary, Equate Petrochemical Co, for fiscal year 2016.
The dividend payout will be registered in the financial statements of the fourth quarter which will end on 30 April 2017, according to a bourse statement issued on Thursday.
At the stock level, Boubyan ended Thursday’s session 1.72% higher at 590 fils, after about 6,200 shares were traded at a value of nearly KWD 3,600.
