Mubasher: The ordinary general meeting (OGM) of Viva approved distributing 10% cash dividends of the capital for fiscal year 2016, according to a statement issued on Wednesday.
Viva will pay 10 fils per share for the entitled shareholders, the statement added.
During the fiscal year, Viva’s profits decreased by 7% to total KWD 40 million from KWD 43 million in FY15.
At the stock level, Viva ended Wednesday’s session 3.37% higher at 920 fils, with liquidity reaching about KWD 224,850 after about 252,460 shares were exchanged.
