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Alba to pay BHD 21.16m dividends March 24

Alba to pay BHD 21.16m dividends March 24
Photo Credit: Arabianeye-Reuters
Alba
ALBH
0.00% 1.23 0.00

Cairo-Mubasher: Bahrain Aluminum (Alba) will pay cash dividends for FY14 at 15 fils per share on March 24, said the company's statement to Bahrain Bourse.

Shareholders of record until March 1 are eligible for the dividends.

The general meeting had approved cash dividend at 27% of capital, or 27 fils per share, totaling BHD 38.2 million.

The company posted BHD 96.445 million net profit for FY14, with a rise of 21% over BHD 79.77 million in 2013.

The company operates with BHD 142 million capital, divided into 1.420 billion shares at BHD 0.1 par value each.