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KICO raises dividends for 2015

KICO raises dividends for 2015
KICO to distribute AED 15 million (Photo Credit: Arabianeye-Reuters)
Al Khaleej Investment
KICO
1.87% 5.44 0.10

Abu Dhabi-Mubasher: The shareholders of Al Khaleej Investment (KICO) increased the dividends payout to 15%, according to a bourse statement.

The dividends stand at 15 fils per share, totalling AED 15 million.

KICO board has previously proposed 10% dividends, equivalent to 10 fils per share.

The record date is on 26 March, while the last day to participate is on 24 April.