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Kuwait Real Estate to pay dividends 13 April

Kuwait Real Estate to pay dividends 13 April
Photo Credit: Arabianeye-Reuters
KRE
KRE
-0.45% 219.00 -1.00

Kuwait Real Estate Company is distributing a cash dividend of 5% or 5 fils per share for the fiscal year 2014, starting from Monday, 13 April.

The firm posted earnings worth KWD 7.12 million ($23.7 million) in 2014, compared to KWD 6.7 million ($22.3 million) in 2013, registering a growth of 6%.

The real estate firm’s capital totals KWD 90.67 million, distributed on 906.7 million shares with a par value of 100 fils per share.