Mubasher: The ordinary general meeting (OGM) of Tamdeen Investment approved the board’s recommendation to distribute 12% of the capital as a cash dividend for fiscal year 2017.
The Boursa Kuwait-listed company will pay 12 fils to the entitled shareholders, according to a bourse statement on Wednesday.
Tamdeen Investment will distribute the dividends on 10 May to the shareholders of record date on 3 May.
In FY17, the company achieved a growth of 0.3% in profits to KWD 6.71 million compared to KWD 6.69 million in the previous fiscal year.
