Kuwait-Mubasher: Al Kout Industrial Projects will distribute an overall of 44% dividends for the fiscal year 2015, according to a bourse statement.
The KSE-listed firm’s ordinary general meeting agreed on paying 40% cash dividends or 40 fils per share, as well as 4% bonus shares or 4-for-100 shares.
Al Kout’s shareholders approved the cut the legal and voluntary reserves by 10% each for FY15.
