Mubasher: Al Kamil Power Company’s ordinary general meeting (OGM) approved on Tuesday cash dividends at 7% or 7 Baisas per share for the fiscal year 2015, according to a bourse filing.
The company is capitalised at OMR 9.63 million ($25 million) distributed across 96.25 million shares with a nominal value of OMR 0.1 ($0.26).
The last dividends distribution by the company was in March 2014 at 10% of the share’s par value or 10 Baisas per share for the fiscal year 2013.
Al Kamil Power’s net profit rose last year by 77% to OMR 3.34 million ($9.67 million).
