Kuwait-Mubasher: Kuwait Cement’s ordinary general meeting agreed on distributing cash dividends at 20% of capital or 20 fils per share for the fiscal year 2015, according to a statement.
Dividends payout will start15 May for the shareholders registered on 3 May.
During FY15, earnings stood at KWD 19.3 million as compared to KWD 17.32 million in FY14, a growth of 11.4%.
Shareholders have elected new board members for the coming period from 2016 to 2018.
On KSE, the stock rose by 1.3% to 390 fils, after around 193,600 shares were traded with a value of nearly KWD 70,500.
