Mubasher: Trafco Group said on Monday that its ordinary general meeting will be held on 27 March to discuss distributing cash dividends of 16% of the paid-up capital for 2015.
The 16 fils per share recommended by the board as dividends stand at a total of BHD 1.235 million ($3.6 million).
In addition, the meeting will decide on whether to transfer BHD 1.895 million ($4.9 million) to retained earnings for next year, according to a bourse filing.
Trafco announced that its profits declined by 8.6% in the fourth quarter of this year to BHD 393,000 ($1.05 million), compared to BHD 430,000 ($1.15 million) for the same period of 2014.
