Kuwait-Mubasher: Kuwait Building Materials Manufacturing’s ordinary general meeting (OGM) agreed on distributing 10% cash dividends of capital or 10 fils per share, the company said in a statement.
The stock will trade ex-dividend starting from 7 April, the statement said on Wedneday.
The company has achieved profits worth nearly KWD 446,940 ($1.47 million) in the fiscal year 2015 as compared to about KWD 668,360 ($2.19 million) in 2014.
The OGM of Building Materials elected new board members for the coming three-year term.
On the stock market, Building Materials was last traded on 24 February when it settled at 250 fils.
