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Commercial Facilities to pay 45% dividends

Commercial Facilities to pay 45% dividends
Photo Credit: Arabianeye-Reuters
Bahrain Facilities
BCFC
2.62% 0.23 0.01

Bahrain Commercial Facilities agreed on the board’s proposal of distributing 45% cash dividends for the fiscal year 2015, according to a bourse statement.

The company’s ordinary general meeting will pay 45 fils per share to the shareholders, with an overall value of BHD 7.251 million.

Shareholders approved the issuance of BHD 10 million bonds, subject to the approval of Kuwait’s central bank.

The stock is being traded at 75 fils.