National Finance’s shareholders approve proposed dividends

National Finance’s ordinary general meeting agreed on the board’s recommendation of distributing cash dividends and bonus shares for the fiscal year 2015.

The company will pay 12% cash dividends of the capital or 12 baisa per share, and will distribute 3% bonus shares or 3-for-100 shares.

It is noteworthy that the MSM-listed frim achieved a growth of 15.8% to OMR 6.02 million profits in FY15 as compared to OMR 5.2 million in FY14.

National Finance’s shareholders approved the capital increase to reach 271.13 million shares from 263.23 million.

 

Mubasher Contribution Time: 28-Mar-2016 06:13 (GMT)