Mubasher: Dhofar Cattle Feed Company’s set 30 March for its ordinary general meeting (OGM), according to a bourse filing released on Wednesday.

The OGM will discuss the board of director’s proposal to distribute cash dividends 5% of the capital, 5 Baisas per share, and bonus shares at 5% or one share for each 20 shares.

The company is capitalised at OMR 7.7 million ($20,000 million)  distributed across 77 million shares, with a nominal value of OMR 0.100 ($0.26).

The Muscat listed company earlier posted a net profit of OMR 1.37 million ($3.55 million), against net losses of OMR 2.77 million ($7.19 million) in 2014.

The company’s board earlier recommended not to pay cash dividends for the fiscal year 2014 due to losses. Last dividends distribution was in 2012 at 12% of the share’s par value.