Mubasher: Al Maha Petroleum Products Marketing Company’s shareholders approved yesterday cash dividends at 100% of the capital or 100 Baisas per share for the fiscal year 2015, according to a bourse filing.
The company’s capital amounts to OMR 6.9 million ($ 17.9 million) distributed on 69 million shares with a nominal value of OMR 0.1 (0.26).
Al Maha’s ordinary general meeting (OGM) earlier agreed to distribute cash dividends at 110% or 110 Baisas per share for the fiscal year 2014.
The Muscat listed company’s profits declined last year by 14% to OMR 9.21 million ($23.9 million).
