Mubasher: The ordinary general meeting (OGM) of Delmon Poultry approved the board’s recommendation of distributing 10% cash dividends for fiscal year 2016, according to a bourse statement issued on Tuesday.

The company will pay 10 fils per share for the fiscal year, with a total value of nearly BHD 306,190.

During FY16, Delmon incurred losses of BHD 1.09 million versus a profit of nearly BHD 521,550 in FY15.