Omantel
OTEL
-0.38%
1.04
-0.00
OTEL
Mubasher: Oman Telecommunications (Omantel) said Sunday that its ordinary general meeting (OGM) will be held on 30 March to discuss a proposal to distribute cash dividends of 70 baisa per share for fiscal year 2016.
The dividends account for 70% of the company’s capital, according to a bourse filing.
Earlier in August 2016, the company distributed cash dividends of 40 baisa per share. Thus, the total distribution for 2016 amounts to 110% of the company's paid-up capital, equivalent to 110 baisa per share.
Source:
Mubasher