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Al Sharq Investment to discuss 12 fils/shr dividend April 5

Al Sharq Investment to discuss 12 fils/shr dividend April 5
Al Sharq Investment
AIPC
8.53% 1.40 0.11
Al Sharq Investment Projects said a general meeting will be held on Saturday, April 5, 11:00 a.m., at Arena Hotel Jordan.

Shareholders will discuss the board’s recommendation on paying cash dividend at 12% of capital, or 12 fils per share, totaling JOD 1.92 million.

The company reported a 35% jump in net profit after taxes and provisions to JOD 2.30 million, compared with JOD 1.70 million a year earlier.