Ooredoo to start dividends’ payment 31 March

Kuwait-Mubasher: National Mobile Telecommunications (Ooredoo) has scheduled 31 March to start distributing dividends on shareholders.

Ooredoo’s ordinary general meeting has agreed on paying 100 fils per share for the fiscal year 2015.

The overall value of approved dividends will stand at KWD 50 million ($166 million), according to Mubasher’s data.

It is noteworthy that Ooredoo achieved KWD 28.11 million profits in FY15, 38.5% down from KWD 445.74 million in FY14.

 

Mubasher Contribution Time: 28-Mar-2016 07:37 (GMT)