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Gulf Hotels recommends 250 baisas/shr dividends

Gulf Hotels recommends 250 baisas/shr dividends
(Photo credit: Company's website)
Gulf Hotels
GHOS
0.00% 3.46 0.00

Mubasher: Gulf Hotels Oman said Thursday that its board of directors recommended cash dividends of 250 baisas per share (25% on paid up share capital of the company) for the fiscal year 2016.

The proposal is subject to an approval by shareholders in the next general meeting, according to a bourse statement.

The board also approved the audited financial statements of the company for fiscal 2016.