Kuwait – Mubasher: Shuaiba Industrial’s (PAPER) shareholders gave a nod on Wednesday to the distribution of cash dividends and bonus shares for the fiscal year 2015.
The company will pay out cash dividends at 20% of the stock’s par value, or 20 fils per share, in addition to bonus shares at 25% of paid-in capital, or 25 shares per each held 100 shares.
The paper products firm earlier posted KWD 1.71 million net profit for FY15, a rise of 21.3% year-on-year from KWD 1.41 million.
