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Al Eqbal Investment proposes 100% cash dividends

Al Eqbal Investment proposes 100% cash dividends
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Al Eqbal Investment
EICO
-1.79% 13.10 -0.24

Mubasher: The board of Al Eqbal Investment Co. recommended distributing cash dividends at 100% of capital that stands at JOD25 million.

Shareholders will convene an ordinary general meeting to look into the dividend propsals on 25 February.

The company’s annual profit for 2015 grew 18.23% to $31.2 million.