Mubasher: Al Maha Ceramics Company’ Annual General Meeting (AGM) agreed on 21 March to distribute cash dividends at 35% of the share’s par value (35 Baisas per share) for the fiscal year 2015, according to a bourse filing released on Sunday.
Earlier in March 2015, the AGM approved the same cash dividends for the fiscal year 2014.
Al Maha Ceramics is capitalised at OMR 5.25 million ($13.63 million) distributed on 52.5 million shares with a nominal value of OMR 0.1 ($0.26).
The company’s annual profits declined last year by 11.1% to OMR 2.4 million ($6.23 million) from OMR 2.7 million ($7.01 million) in 2014.
The Muscat listed company’s stock stood at OMR 0.372 ($0.97) in today’s trading.
