Marine Services to pay 5 fils as FY15 dividends
Kuwait-Mubasher: The shareholders of Contracting and Marine Services agreed on paying cash dividends at 5% of capital or 5 fils per share for the fiscal year 2015, unchanged from FY14, according to a statement.
The company’s earnings reached KWD 1.32 million in FY15, as compared to around KWD 917,000 in FY14, a growth of 44%.
Also, the OGM has elected a new board of directors for the coming three years.
The ex-dividend date is 24 April.
On the stock market, Marine Services was last traded 19 April when it grew 3.85% to reach 108 fils.
