Mubasher: National Hotels Company announced on Monday that its shareholders will meet on 30 March to discuss payment of cash dividends at 12 fils per share for the fiscal year 2015.
The payout accounts for 12% of the company’s capital.
The shareholders’ meeting will also look into the auditors’ report for the year, according to a bourse filing.
National Hotels’ profit rose 23% last year to BHD 3.77 million ($10 million) from BHD 3.06 million ($8.11 million) in 2014.
The company’s share advanced 4% to BHD 0.78 ($2.07) in today’s early trading as 3,100 shares were traded at BHD 2,400 ($6,366).
