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Agility's board proposes 10% dividends for 2020

Agility's board proposes 10% dividends for 2020
The cash dividends stand at 10 fils per share
Agility
AGLTY
1.68% 303.00 5.00

Mubasher: The board of Agility Public Warehousing has recommended distributing cash dividends, equivalent to 10% of the share's nominal value for 2020.

After deducting treasury shares, the cash dividends stand at 10 fils per share, according to a bourse filing on Thursday.

Meanwhile, the board has proposed to distribute bonus shares of 10% of the current share capital value or 10 shares for every 100 original shares.

In 2020, the company's net profits attributable to the equity holders plunged by 52.1% to KWD 41.577 million, compared to KWD 86.759 million in 2019.