Kuwait-Mubasher: Kuwait Packing Materials Manufacturing’s ordinary general meeting approved the dividends proposed by the board at 30% of capital for the fiscal year 2015, according to a recent statement.
The 30% cash dividends will be distributed at 30 fils per share for the fiscal year ended 31 December, 2015.
Packing Materials’ stock fell by 8.06% or 25 fils to 285 fils before closing Sunday’s session, after around 23,250 shares were traded with a value of nearly KWD 6,630.