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Mubarrad Transport to pay 5% dividends

Mubarrad Transport to pay 5% dividends
Photo Credit: Arabianeye-Reuters
MUBARRAD
MUBARRAD
1.37% 88.50 1.20

Kuwait-Mubasher: Mubarrad Transport’s ordinary general meeting approved the board proposal of paying cash dividends at 5% of capital for the fiscal year 2015.

The payout equates to 5 fils per share.

Mubarrad’s profits reached KWD 1.81 million in FY15, compared to KWD 1.78 million in FY14, a rise of 1.7%.

Mubarrad stock settled at 64 fils on Thursday’s trading session, after 1.35 million shares were traded with a value of about KWD 85,500.