KBMMC
KBMMC
-7.00%
136.00
-10.00
KBMMC
Mubasher: The ordinary general meeting (OGM) of Kuwait Building Materials Manufacturing approved the board’s recommendation of distributing a cash dividend of 7% for fiscal year 2016.
The company will pay 7 fils per share to the entitled shareholders, with a total value of about KWD 212,230 for the fiscal year, according to a bourse filing issued on Wednesday.
During FY16, earnings shrank by 48.36% to total about KWD 230,820 as compared to around KWD 446,940.
Source:
Mubasher