Viva to discuss proposed dividend late March

Mubasher: Viva will hold its ordinary general meeting (OGM) on 29 March to consider the board’s recommendation of distributing dividends for fiscal year 2016.

The shareholders will discuss paying a cash dividend of 10% of capital or 10 fils per share for FY16, according to a bourse filing issued on Sunday.

During the fiscal year, Viva posted a fall of 7% in profits to KWD 40 million from KWD 43 million in FY15.

 

Mubasher Contribution Time: 12-Mar-2017 11:14 (GMT)
Mubasher Last Update Time: 12-Mar-2017 11:17 (GMT)