Mubasher: The board members of Inovest recommended distributing 5% of the capital as cash dividends for fiscal year 2018.
The board proposed paying $0.020 per share to the entitled shareholders for FY18, according to a bourse statement on Sunday.
Earlier on Sunday, Inovest announced a net profit of $4.24 million in FY18.
It is worth noting that Inovest is listed on both Boursa Kuwait and the Dubai Financial Market (DFM).