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Tamdeen Investment to discuss dividends late April

Tamdeen Investment to discuss dividends late April
Photo Credit: Arabianeye-Reuters
TAMINV
TAMINV`R
-0.91% 975.00 -9.00

Mubasher: Tamdeen Investment will hold its ordinary general meeting (OGM) on 24 April to overview distributing a cash dividend of 10% or 10 fils per share to the entitled shareholders for fiscal year 2016, according to a bourse filing issued on Monday.

During the fiscal year, profits decreased 42% to KWD 6.69 million from KWD 11.52 million in FY15.