Kuwait-Mubasher: Heavy Engineering Industries and Shipbuilding’s (HEISCO) ordinary general meeting agreed on distributing both cash dividends and bonus shares for the fiscal year 2015, according to a recent statement.
HEISCO will pay 5% cash dividends or 5 fils per share as well as distributing 5% bonus shares or 5-for-100 shares.
During FY15, the company achieved an 82.8% increase in profits when it reached KWD 4.66 million as compared to KWD 2.55 million in FY14.
On the stock market’s level, HEISCO ended Thursday’s session at 144 fils, after about 10,050 shares were traded with a value worth about 1,410.
