Kuwait-Mubasher: The ordinary general meeting of KAMCO Investment agreed on distributing 5% cash dividends of the capital or 5 fils per share for the fiscal year 2015, flat from FY14, the company said in a statement.
The Kuwait-listed firm posted profits worth about KWD 523,690 ($1.73 million) in FY15, down from KWD 1.96 million ($6.49 million) in FY14.
KAMCO’s stock will start trading ex-dividend on 17 April.
On Thursday, KAMCO’s stock levelled up 4.08% to 102 fils, after 80,000 shares were exchanged with a value of about KWD 7,500.
