Kuwait – Mubasher: The board of directors of KAMCO Investment Company (KAMCO) recommended distributing cash dividends for 2016 at 5% of the share’s nominal value, or 5 fils per share.
KAMCO’s capital amounts to KWD 26.33 million, distributed over 263.3 million shares with a nominal value of 100 fils per share, as treasury stocks are estimated at 25.8 million shares.
Profits increased by 144.4% from KWD 1.28 million during 2016, to KWD 523,690 in 2015.
