Cash Dividends

The bonus shares will be distributed on 29 July
3 hours ago KGL Logistics nods to 5% bonus for FY17
Mubasher: The ordinary general meeting (OGM) of KGL Logistics approved the board’s recommendation to distribute 5% of the capital as bonus shares for fiscal year 2017. KGL Logistics will distribute 5-for-100 shares as a bonus for FY17, with a …
Total distributions amounted to SAR 120 million, accounting for 20% of the company’s capital
24 May 10:00 AM Zamil OGM nods to SAR 120m dividends for FY17
Riyadh – Mubasher: The ordinary general meeting (OGM) of Zamil Industrial Investment Co has approved a cash dividend distribution of SAR 2 per share for the fiscal year 2017. Total distributions amounted to SAR 120 million, accounting for 20% of …
EGM of Elsewedy Electric has approved to split the nominal value of the share to EGP 1
23 May 01:26 PM Elsewedy Electric EGM nods to stock split
Cairo – Mubasher: The extraordinary general meeting (EGM) of Elsewedy Electric has approved to split the nominal value of the share to EGP 1, instead of EGP 10. The ordinary general meeting (OGM) approved the distribution of EGP 1.74 billion in …
Total distributions amount to SAR 455.1 million after deducting Zakat and before deducting income tax.
22 May 10:44 AM Saudi Airlines Catering nods to SAR 455m dividends for FY2017
Riyadh – Mubasher: Saudi Airlines Catering Co. on Tuesday announced that its shareholders had approved a cash dividend distribution of 55% of the capital for 2017 during an extraordinary general meeting (EGM) held the previous day. Total …
The OGM has also endorsed the financial statements for the full-year ended December 2017
21 May 01:48 PM OC nods to $30m dividends for FY17
Cairo – Mubasher: The ordinary general meeting (OGM) of Orascom Construction Ltd (OC) has approved the distribution of a $30 million cash dividends. The OGM has also endorsed the financial statements for the full-year ended December 2017, the …
Osoul will distribute the dividends on 19 June
21 May 09:51 AM Osoul Investment to pay 6% dividends for FY17
Mubasher: The ordinary general meeting (OGM) of Osoul Investment approved the board’s recommendation to distribute 6% of the capital as cash dividends for fiscal year 2017. The Boursa Kuwait-listed company will pay 6 fils per share as dividends, …
The distributed dividends represents 5% of the capital
20 May 09:41 AM Astra Group OKs SAR 0.5/shr dividends for 2017
Riyadh – Mubasher: Astra Industrial Group on Sunday said that the company’s general assembly approved distributing cash dividends of SAR 0.5 per share for the full-year 2017. The distributed dividends amount to SAR 40 million and represent 5% of …
The dividends will be distributed on 18 June
17 May 02:54 PM Muntazahat nods to 5 fils/shr dividends for 2017
Mubasher: Kuwait Resorts Co. (Muntazahat) on Thursday announced that its shareholders had approved a cash dividend distribution of 5% with a per-share dividend of 5 fils for 2017 during an ordinary general meeting (OGM) held the previous day. The …
The total dividends amount to KWD 54.7 million
17 May 11:10 AM Americana OKs 140 fils/shr dividends for 2017
Mubasher: Kuwait Food (Americana) On Thursday announced that its shareholders had approved a cash dividend distribution of 140 fils per share for 2017. The total dividends amount to KWD 54.7 million, according to the company’s statement. During …
The assembly also agreed upon increasing the bank’s capital by 50% to SAR 30 billion
16 May 01:34 PM NCB nods to SAR 0.60/shr dividends for H2-17, 50% capital increase
Riyadh – Mubasher: National Commercial Bank (NBC) on Wednesday announced that its shareholders had approved a cash dividend distribution of SAR 0.60 per share for the second half of 2017 during an extraordinary general assembly held the previous …
The total dividends amount to SAR 30 million
16 May 12:28 PM Saudi JADCO OKs SAR 1/shr dividends for 2017
Riyadh – Mubasher: Al Jouf Agricultural Development Company (JADCO) on Wednesday announced that its shareholders had approved a cash dividend distribution of SAR 1 per share, or 10% of the share’s nominal value, for 2017 during an ordinary general …
Gross operating revenues totalled KWD 62.02 million
13 May 04:33 PM Boubyan Petrochemical Q4 profits shrink 54%; dividends proposed
Mubasher: Boubyan Petrochemical registered a decline of 54.04% in profits during the fourth quarter that ended on 30 April 2018 compared to the same period in 2017. Earnings shrank to KWD 4.16 million ($13.82 million) in Q4 ended on 30 April 2018 …
The dividends will be distributed on 31 May
10 May 04:50 PM National Industries nods to 10% dividends for FY17
Mubasher: The ordinary general meeting (OGM) of National Industries Group Holding approved the board’s recommendation to distribute 10% of the capital as cash dividends for fiscal year 2017. National Industries, which is listed on both Boursa …
National Real Estate will distribute 10-for-100 shares
10 May 04:43 PM National Real Estate to pay 10% bonus for FY17
Mubasher: The ordinary general meeting (OGM) of National Real Estate approved the board’s recommendation to distribute 10% of the capital as bonus shares for fiscal year 2017. National Real Estate will distribute 10-for-100 shares as a bonus for …
National Cleaning closed Wednesday’s session at 50 fils
9 May 05:06 PM National Cleaning to pay 5% bonus for FY17
Mubasher: National Cleaning’s ordinary general meeting (OGM) approved distributing 5% of the capital as bonus shares for fiscal year 2017. The company will distribute a total of 12.49 million treasury shares as a bonus for FY17, according to a …
Combined Group’s EGM approved to raise the capital to KWD 16.3 million
9 May 05:00 PM Combined Group nods to FY17 dividends, bonus
Mubasher: The ordinary and extraordinary general meeting (OMG) and (EGM) of Combined Group Contracting Company approved the board’s recommendation to distribute 20% and 10% of the capital as cash dividends and bonus shares, respectively. The …
The dividends will be distributed on 7 June
9 May 03:16 PM National International to pay 5 fils/shr dividends for FY17
Mubasher: The ordinary general meeting (OGM) of National International Holding approved the board’s recommendation to distribute 5% the capital as cash dividends for fiscal year 2017. National International, which is listed on both Boursa Kuwait …
Emirates’ net profit surged to AED 4.11 billion in 12M
9 May 11:50 AM Emirates Group to pay AED 2bn cash dividends
Dubai – Mubasher: Emirates Group has announced that it will distribute AED 2 billion ($540 million) approximately in cash dividends for the fiscal year ended 31 March 2018. The state-owned carrier reported a 67% growth in net profit in FY17/18 on …
JTC will pay KWD 6.6 million as cash dividends for 2017
8 May 05:06 PM JTC’s net profit surges in 2017, firm mulls IPO
Mubasher: Jassim Transport & Stevedoring Co. (JTC) achieved a growth of 25% in net profits to KWD 7.8 million in 2017 when compared to KWD 6.3 million in the previous year, according to a recent statement. The shareholders of JTC approved the …
The dividends will be distributed on 6 June
8 May 04:38 PM Kuwait Foundry to pay 30% dividends for FY17
Mubasher: The ordinary general meeting (OGM) of Kuwait Foundry approved on Tuesday the board’s recommendation to distribute 30% of the capital as cash dividends for fiscal year 2017. The Boursa Kuwait-listed company will pay 30 fils per share to …
The sukuk can be issued in the UAE or abroad
8 May 10:59 AM Manazel Real Estate's OGM nods to AED 2.6bn sukuk issue; withhold 2017 dividends
Abu Dhabi – Mubasher:  Manazel Real Estate’s ordinary general meeting (OGM) has approved a proposal to issue sukuk at a maximum value of AED 2.6 billion. The five- and seven-year sukuk can be issued in the UAE or abroad, according to a bourse …
Gulf Cable will distribute FY17 dividends on 4 June
7 May 02:38 PM Gulf Cable to pay 25% dividends for FY17
Mubasher: Gulf Cable and Electrical Industries said that its extraordinary general meeting (EGM) approved the board’s recommendation to distribute 25% of the capital as cash dividends for fiscal year 2017. The company will pay 25 fils per share as …
City Cement's EGM approved a cash dividend of SAR 0.40 per share for 2017
6 May 11:13 AM City Cement shareholders to get SAR 0.40/shr dividends
Riyadh – Mubasher: City Cement’s extraordinary general meeting (EGM) has approved the board’s recommendation for distributing dividends of SAR 0.40 per share for 2017. Shareholders listed in the company’s books at the depository centre on the …
Saudi Airlines Catering approved a cash dividend to shareholders of SAR 1.35 per share
6 May 08:31 AM Saudi Airlines Catering nods to SAR 1.35/shr dividend for Q1
Riyadh – Mubasher: Saudi Airlines Catering Company on Sunday approved a cash dividend to shareholders of SAR 1.35 per share or 13.5% of the share’s par value. After Zakat and income tax, the total value of the distribution will amount to SAR 110.7 …
Gross operating revenue increased by 47.1% to KWD 64.81 million in FY17
3 May 04:23 PM KGL Q4 profits 10 times higher; FY17 income surges 404%
Mubasher: Kuwait and Gulf Link Transport (KGL) has achieved a leap of 1,045.9% in profits during the fourth quarter of 2017 compared to the same period in the previous year. Earnings jumped to KWD 7.78 million ($25.82 million) in Q4-17 from about …