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.