Kuwait – Mubasher: Livestock Transport and Trading approved to distribute 5% cash dividends or 5 fils per share, which will be deducted from the optional reserves account.
The shareholders approved offsetting losses retained from the optional reserves account at a value of KWD 5.51 million, according to a filing to Boursa Kuwait.
The Kuwait-listed company reported a slight drop of 0.80% in its profits to reach KWD 3.89 million in 2016, compared to KWD 3.92 million in 2015.
The stock closed stable at 208 fils on Thursday.
