Mubasher: The ordinary general meeting (OGM) of Kuwait National Cinema approved the board’s recommendation of distributing 53% of capital in cash dividends for fiscal year 2016.
The company will pay 53 fils per share to the entitled shareholders, according to a bourse statement issued on Tuesday.
At the stock level, National Cinema closed Tuesday’s session 5.63% higher at KWD 1.5, after about 1,100 shares were exchanged at a value of nearly KWD 1,600.
