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Al Maha board recommends 35% cash dividends

Al Maha board recommends 35% cash dividends
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Al Maha Ceramics
AMCI
0.33% 0.30 0.00

Mubasher: Al Maha Ceramics’ board of directors proposed the distribution of cash dividends to shareholders for FY15 at 35% or 35 baisa per share, according to the company’s filing on bourse website today.

The company distributed cash dividends at 35% or 35 baisa per share and bonus shares at 5% or 5 shares for every 100 held shares for FY14.

The board approved also audited accounts for 2015, and invited shareholders to hold an general ordinary meeting on 21 March.