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FINANCIAL NEWS
Omani listed firms allocate OMR418mn dividend
16 Apr 2017
(MENAFN) Listed firms on Oman Market have proclaimed that they will distribute almost OMR417.6mn worth of dividend to their shareholders.
Furthermore, the cash dividend confirmed by the annual general meetings reached almost OMR360mn, while number of firms will distribute interim cash dividends in the coming months.
Meanwhile, Omantel has paid the highest dividends as the firm’s annual general meeting confirmed to distribute 70 percent cash dividend, equal to OMR52.5mn.
While Bank Muscat’s annual general meeting approved OMR62.4mn dividend, which make the bank the highest dividend payer.
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