Mubasher: Al Jazeera Steel Products said that its board of directors recommended the distribution of cash dividends for FY15.
The board proposed distributing 9 baisa per share for 2015, according to the company’s statement in bourse site, on Tuesday
The company earlier distributed cash dividend at 22% or 22 baisa per share for fiscal year 2014.
The upcoming ordinary general meeting will be held on 20 March to discuss the board's recommendation.