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Inovest’s shareholders nod to $5.6m cash dividends

Inovest’s shareholders nod to $5.6m cash dividends
Inovest’s net profit stood at $4.248 million last year
Inovest
INOVEST
7.69% 0.28 0.02

Mubasher: Inovest’s general assembly has Okayed the payment of 5% of its stock’s par value in cash dividends for the year 2018.

The approved dividends will reach $5.66 million, the Bahrain- and Kuwait-listed company said on Thursday in a bourse statement.

Inovest’s net profit stood at $4.248 million last year, compared to $1.756 million a year earlier.