Rebab board proposes MAD2.5/share dividends

Casablanca – Mubasher: Rebab Co. said its board of directors has recommended the distribution of cash dividends at MAD 2.5 per share.

The company posted MAD 470,000 ($46,400) in net profits for the fiscal year 2014, a rise by 24.7% from MAD 377,000 ($37,200) a year earlier.

Rebab operates with MAD 17.6 million capital, divided into 176,400 shares at MAD 100 par value each.

 

Mubasher Contribution Time: 30-Mar-2015 10:21 (GMT)