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Dhofar Cattle Feed’s shareholders nod to 5% cash dividends

Dhofar Cattle Feed’s shareholders nod to 5% cash dividends
Photo credit: Arabianeye - Reuters
Dhofar Cattle Feed
DCFI
-9.65% 0.10 -0.01

Mubasher: Dhofar Cattle Feed Company’s shareholders approved yesterday cash dividends at 5% of the capital (5 Baisas per share) and 1-for-20 bonus shares (5% of the capital) for the fiscal year 2015, according to a bourse filing.

The company is capitalised at OMR 7.7 million ($20 million) distributed on 77 million shares with a nominal value of OMR 0.1 ($0.26).

Dhofar Cattle Feed’s earlier posted a net profit of OMR 1.37 million ($3.56 million) in 2015, versus net losses of OMR 2.77 million ($7.19 million) in 2014.

The last dividends distribution was at 17% of the stock’s par value for the fiscal year 2012.