Shell’s shareholders approves 106% cash dividends

Mubasher: Shell Oman Marketing Company’s ordinary general meeting (OGM) agreed yesterday on distributing cash dividends at 106% of the share’s par value or 106 Baisas per share for the fiscal year 2015.

The OGM earlier approved cash dividends at 92% or 92 Baisas per share for the fiscal year 2014.

The company is capitalised at OMR 9.5 million ($24.67 million) distributed across 95 million shares with a nominal value of OMR 0.100 ($0.26).

Shell’s profits reached OMR 10.6 million ($27.44 million) in 2015, versus OMR 9.2 million ($23.81 million) in 2014.

Mubasher Contribution Time: 23-Mar-2016 06:35 (GMT)