Mubasher: The ordinary general meeting (OGM) of Kuwait Portland Cement approved a cash dividend of 80% for fiscal year 2016, according to a bourse statement issued on Tuesday.
The company will pay 80 fils per share, with a total value of KWD 8.02 million, according to the statement.
During FY16, profits increased by 68.9% to total KWD 8.14 million from KWD 4.82 million in FY15.
