United Real Estate Company’s (URC) ordinary general meeting has agreed on distributing a cash dividend of 5% or 5 fils a share for the fiscal year 2014.
The real estate firm posted a net profit of KWD 7.88 million in 2014, compared to KWD 11.2 million in 2013.
The ex-dividend date of URC stock starts Wednesday, 1 April.
The KSE-listed firm’s capital totals KWD 131.68 million, distributed on 1.3 billion shares with a par value of 100 fils per share.
