Oman Cement’s board proposes 30% cash dividends

Mubasher: Oman Cement Company’s board of directors recommended on Sunday cash dividends at 30% of the share’s par value, equivalent to 30 baisas per share for the fiscal year 2015.

The board also set 20 March for the annual ordinary general meeting, and adopted the auditor’s annual report for last year.

The company’s profit shot up 169.4% to OMR 4.71 million in 2015 from OMR 1.75 million in 2014.

The Muscat-listed company earlier approved the same cash dividends for the fiscal year 2014.

 

Mubasher Contribution Time: 28-Feb-2016 08:38 (GMT)