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Jordan International Trading approves 8% dividends

Jordan International Trading approves 8% dividends
Photo Credit: Arabianeye-Reuters

Amman-Mubasher: Jordan International Trading Center shareholders approved to distribute a cash dividend representing 8% of the capital.

The Amman-listed firm’s retained earnings reached JOD 1.25 million before dividends by the end of 2014, representing 36.7% of the capital.

The company reported a jump in profit by 27.6% to JOD 319,800 in 2014, compared to JOD 442,000 in 2013. Its capital amounts to JOD 3.4 million, distributed on JOD 3.4 million at JOD 1 par value each.