Tamdeen Investment’s OGM gives nod on FY15 dividends

 

Kuwait-Mubasher: Tamdeen Investment’s ordinary general meeting (OGM) approved the cash dividends and bonus shares proposed for the fiscal year 2015, the company said in a statement issued Wednesday.

The KSE-listed firm will pay 10% cash dividends as well as distributing 5% bonus shares for FY15.

During FY15, Tamdeen Investment reported a 27.3% growth to KWD 11.52 million profits as compared to KWD 9.05 million in the previous fiscal year.

The stock was last traded on 27 April when it closed at 375 fils.

 

Mubasher Contribution Time: 12-May-2016 12:01 (GMT)
Mubasher Last Update Time: 12-May-2016 12:01 (GMT)