Amman – Mubasher: Jordan Dairy Co. said shareholders, in an ordinary general meeting, gave a nod to distributing cash dividends at 20% of capital, or JOD 800,000 ($1.13 million) for FY14.

The company’s retained profits amounted to more than JOD 2 million at 2014-end, representing 51.25% of capital before dividend.

The dairy producer earlier posted 26.8% rise in FY14 profits to JOD 1.15 million, compared with 907,090 a year earlier.