Mubasher: The ordinary general meeting (OGM) of Human Soft Holding approved distributing 185% of the capital as cash dividends for fiscal year 2018.
Human Soft will pay 185 fils per share to the entitled shareholders as dividends for FY18, at a total value of KWD 22.5 million, according to a bourse disclosure on Sunday.
The Boursa Kuwait-listed company will pay the dividends on 29 April to the shareholders of record date on 21 April.
Human Soft’s shareholders also approved paying KWD 40,000 as a bonus to each board member.
During FY18, Human Soft achieved a growth of 12.1% in net profit to KWD 31.49 million compared to KWD 28.1 million in FY17.