Salalah Port Services’ OGM approves 20% cash dividends

Mubasher: Salalah Port Services Company’s ordinary general meeting (OGM) agreed yesterday to distribute cash dividends at 20% of the capital or 20 Baisas per share for the fiscal year 2015, according to a bourse filing released on Tuesday.

The company is capitalised at OMR 17.98 million ($46.7 million) distributed across 179.84 million shares with a nominal value of OMR 0.1 ($0.26).

The OGM earlier approved cash dividends at 15% of the share’s par value or 15 Baisas per share for the fiscal year 2014.

The Muscat listed company’s declined last year to OMR 5.18 million ($1.35 million) from OMR 5.26 million ($1.37 million) in 2014.

Mubasher Contribution Time: 29-Mar-2016 08:16 (GMT)