Mubasher: The ordinary general meeting (OGM) of Tamdeen Investment approved distributing 10% of capital as cash dividends.
The company will pay 10 fils per share to the entitled shareholders for FY16, according to a bourse filing issued on Monday.
During FY16, the earnings shrank by 42% to KWD 6.69 million from KWD 11.52 million in FY15.
At the stock level, Tamdeen Investment closed Monday’s session 3.23% at 320 fils.
