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Batelco to distribute BHD 41.6m dividends

Batelco to distribute BHD 41.6m dividends
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BEYON
BEYON
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Mubasher: The annual general meeting (AGM) of Bahrain Telecommunications (Batelco) has approved the distribution of cash dividends with a total value of BHD 41.6 million.

The company’s board of directors (BOD) previously recommended cash dividend for fiscal year 2017 at BHD 41.6 million, at a value of 25 fils per share, of which 10 fils per share was already paid during the third quarter of 2017.

The remaining 15 fils will be paid in the coming weeks, according to the company’s statement.