Manama-Mubasher: Bahrain Maritime and Mercantile International (BMMI), a leading group offering diversified retail, distribution and contract services, said the board recommended on Thursday cash dividends for the first half of 2015 at 20 fils a share.

Shareholders of record on 6 August are eligible for the dividends.

The stock will trade ex-dividends on Sunday.

Earnings attributable to shareholders of parent company amounted to BHD 5.3 million ($14 million) in H1-15, compared with BHD 6.3 million ($16.7 million) in the same period a year ago.

Second-quarter earnings attributable to shareholders of parent company declined from BHD 3.4 million to BHD 2.34 million.

The company operates with BHD 13.3 million in capital, divided into 133.116 million shares at a par value of BHD 0.1 each.