Bahrain Car Park’s ordinary general meeting has approved, on Monday, the board’s recommendation of distributing cash dividends of the capital, the company said in a bourse statement.
The company’s shareholders agreed on paying 5 fils per share as cash dividends for the fiscal year 2015.
It is noteworthy that the BHB-listed company reported profits worth about BHD 464,400 in FY15, 48.6% lower from BHD 902,900 in FY14.
Bahrain Car Parks stock will trade ex-dividend starting from Tuesday, 22 March.
The stock was last traded on 25 February at BHD 0.146.