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Gulf Stone proposes 10% dividends

Gulf Stone proposes 10% dividends
Photo Credit: Arabianeye-Reuters
Gulf Stone
GSCI
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Gulf Stone Company (GSC) announced, in a bourse filing to the Muscat Securities Market (MSM), that its Board of Directors has recommended a cash dividend representing 10% of capital or OMR 0.10 per share.

GSC reported annual profits amounting to OMR 332.5 THD ($864.13 THD) in 2014 against OMR 134,000 ($348.2 THD) by the end of 2013, recording a significant leap by 148%.