Ooredoo to review board’s dividends proposal

Kuwait-Mubasher: National Mobile Telecommunications (Ooredoo) will consider the board’s recommendation of paying 100 fils per share as cash dividends, according to a bourse statement.

Ooredoo will hold an ordinary general meeting on 24 March to discuss the proposed 100% cash dividends for the fiscal year 2015.

The company posted a decline of 38.5% in profits during FY15 to KWD 28.11 million as compared to KWD 45.74 million in FY14. 

Mubasher Contribution Time: 08-Mar-2016 10:15 (GMT)