Mubasher: Integrated Holding Co’s general assembly consented to the recommended cash dividends distribution of KWD 6.6 million or 30% of the share’s nominal value for fiscal year (FY) 2019.
The distributions will be due to the shareholders registered on records on the maturity date on 4 May 2020 and, while will be distributed on 7 May, according to a disclosure to Boursa Kuwait on Wednesday.
A sum of KWD 1.46 million will be paid from the share premium account while the remaining value of KWD 5.13 million will be taken from the retained earnings.
The assembly further approved granting a remuneration of KWD 60,000 to board members for 2019.
