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Human Soft to pay KWD 22m dividends for FY18

Human Soft to pay KWD 22m dividends for FY18
Human Soft achieved a growth of 12.1% in FY18 net profit
HUMANSOFT
HUMANSOFT`R
0.19% 2,650.00 5.00

Mubasher: The ordinary general meeting (OGM) of Human Soft Holding approved distributing 185% of the capital as cash dividends for fiscal year 2018.

Human Soft will pay 185 fils per share to the entitled shareholders as dividends for FY18, at a total value of KWD 22.5 million, according to a bourse disclosure on Sunday.

The Boursa Kuwait-listed company will pay the dividends on 29 April to the shareholders of record date on 21 April.

Human Soft’s shareholders also approved paying KWD 40,000 as a bonus to each board member.

During FY18, Human Soft achieved a growth of 12.1% in net profit to KWD 31.49 million compared to KWD 28.1 million in FY17.