Tamdeen Investment proposes cash dividends, bonus shares

Kuwait-Mubasher: Tamdeen Investment’s board has recommended distribution of cash dividends and bonus shares at a total of 15% paid-in capital for the fiscal year 2015.

A 10% cash dividend will be paid on a per-share basis of 10 fils. Meanwhile, a 5% bonus shares will be distributed on a 5-for-100 basis.

Tamdeen stock retreated by 2.5% or 10 fils to 390 fils on Monday, after 81,000 shares were traded with a value of about KWD 30,540. 

Mubasher Contribution Time: 21-Mar-2016 11:05 (GMT)