Mubasher: Integrated Holding Co’s general assembly has approved a cash dividend distribution of KWD 8.8 million or KWD 0.4 per share for fiscal year 2018.
The dividend eligibility will be for shareholders registered till the end of trading on 8 May and the dividends will be paid on 13 May, the company said in a statement to Boursa Kuwait on Monday.
The general assembly has also approved a bonus of KWD 60,000 for the company’s board of directors for FY18, upon which each board member will be rewarded with KWD 7,500, according to the statement.
The company’s extraordinary general meeting (EGM) has been postponed due to a lack of quorum.
It is worth noting Integrated Holding had achieved KWD 17.23 million in profits for FY18, up 29.47% from KWD 13.3 million in FY17.
