Mubasher: The ordinary general meeting (OGM) of Shuaiba Industrial has approved the board’s recommendation to distribute 17% of the capital as a cash dividend for fiscal year 2017.
Shuaiba Industrial will pay 17 fils per share as dividends for FY17 to the entitled shareholders, according to a bourse statement on Sunday.
The dividends will be distributed on 20 May to the shareholders of record date on 13 May.
In FY17, Shuaiba Industrial achieved a growth of 1.6% to KWD 1.9 million compared to KWD 1.87 million in the prior fiscal year.
