Zain board proposes dividend payout for FY16

Mubasher: The board members of Zain Group recommended a cash dividend of 35 fils per share for the fiscal year 2016.

This dividend proposal is subject to the annual general assembly and regulatory approvals, according to a recent statement.

Zain Group has reported a growth of 2% in profits during FY16 as consolidated net income reached KWD 157 million ($519 million).

 

Mubasher Contribution Time: 19-Feb-2017 16:12 (GMT)
Mubasher Last Update Time: 19-Feb-2017 16:13 (GMT)