Mubasher: National Industries’ general assembly has approved the distribution of 10 fils per share in cash dividends.

The company’s shareholders elected a new board for a three-year term, according to a bourse statement released on Wednesday.

The capital of the Kuwait-listed bank recorded KWD 35.05 million distributed on 350.58 million shares.

In February, National Industries reported a 23.3% year-on-year increase in profit in 2018, registering KWD 3.97 million.