Mubasher: The ordinary general meeting (OGM) of National Industries approved the board’s recommendation to distribute 8% of the capital as a cash dividend for fiscal year 2017.
The company will pay 8 fils per share as dividends for FY17 to the entitled shareholders, according to a bourse statement on Wednesday.
National Industries will distribute the dividends on 1 May to the shareholders of record date on 26 April.
In FY17, National Industries achieved a surge of 316.1% in profits to KWD 3.22 million compared to about KWD 773,930 in the prior fiscal year.
