Mubasher: Oman Oil Marketing Company’s ordinary general meeting (OGM) agreed yesterday to distribute cash dividends at 60% of the issued capital or 60 Baisas per share for the fiscal year 2015.
The company is capitalised at OMR 6.13 million ($15.9 million) distributed across 61.28 million shares with a nominal value of OMR 0.1 ($0.26).
The OGM earlier approved the same cash dividends for the fiscal year 2014.
The Muscat listed company’s profits rose last year by 8.9% to OMR 12.21 million ($31.7 million) from OMR 11.21 million ($29.12 million) in 2014.
