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Bahrain Commercial Facilities’ shareholders OK dividends for 2018

Bahrain Commercial Facilities’ shareholders OK dividends for 2018
The OGM also nodded to the distribution of bonus shares
Bahrain Facilities
BCFC
4.76% 0.22 0.01

Mubasher: The ordinary general meeting (OGM) of Bahrain Commercial Facilities has approved the distribution of 45% of its paid capital in cash dividends for 2018.

The OGM also nodded to the distribution of 25% of the Bahrain-listed company’s paid capital in bonus shares, according to a bourse statement released on Wednesday. 

Last year, Bahrain Commercial Facilities posted BHD 22.89 million in net profit, compared to BHD 20.71 million a year earlier.