Mubasher: Commercial Facilities Company approved the board’s proposal for 2019’s cash dividends during an ordinary general meeting (OGM) held on Wednesday, 3 June.
The shareholders agreed to distribute 18% of the share’s nominal value or 18 fils per share as cash dividends for last year’s earnings, according to a statement to Boursa Kuwait on Thursday.
The record date is on 24 June, while the payment date is on 1 July.
It is noteworthy to mention that in 2019, the Kuwaiti firm achieved net profits of KWD 13.181 million, up from KWD 9.934 million in 2018.
