Markaz shareholders nod to FY16 dividends

Mubasher: The ordinary general meeting (OGM) of Kuwait Financial Centre (Markaz) approved the board’s recommendation of distributing 6% of capital as cash dividends for fiscal year 2016.

The company will pay 6 fils per share to the entitled shareholders, according to a bourse statement issued on Wednesday.

During FY16, the company achieved a growth of 39.9% in profits to KWD 4.03 million from KWD 2.88 million in FY15.

 

Mubasher Contribution Time: 19-Apr-2017 10:15 (GMT)
Mubasher Last Update Time: 19-Apr-2017 10:27 (GMT)