The ordinary general meeting of Alrai Media Group approved a cash dividend of 7.5% or 7.5 fils per share.

Kuwait Stock Exchange announced the ex-dividend date to start tomorrow, Wednesday.

Alrai posted earnings worth KWD 5.05 million in 2014, compared to KWD 5.58 million in 2013, declining by 9.5%.

The firm’s capital stands at KWD 23.3 million, distributed on 233 million shares with a par value of 100 fils a share.