Mubarrad Transport Company’s ordinary general meeting (OGM) approved a cash dividend of 5% or 5 fils per share for the shareholders listed in the firm’s registries on the OGM’s date.
The KSE-listed firm posted earnings worth KWD 1.78 million in 2014, compared to about KWD 638,900 in 2013.
The ex-dividend date starts Wednesday, 1 April, according to data issued on Kuwait Stock Exchange website.
Mubarrad’s capital totals KWD 16.369 million, distributed on 163.69 million shares with a par value of 100 fils a share.