Agility Public Warehousing Company, listed on the Kuwait and Dubai Stock Exchanges, approved at its meeting held on Monday, the recommendation of the Board of Directors regarding dividends for the year 2019.

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The company said in a statement to the Kuwaiti Stock Exchange today, Tuesday, that the general assembly approved the recommendation of the Board to distribute bonus shares for the year 2019 at 15% of the paid-up capital by 15 shares for each 100 shares.

The General Assembly also approved the recommendation of the Board of Directors to distribute cash dividends for the previous year at 5% of the nominal value of the share at 5 fils per share.

The company clarified that the profits are due to the shareholders who are registered in the company’s records on the due date on the 26th of next July; The profits will be distributed on the 28th of the same month.

Agility had announced a net profit of 86.8 million dinars, or 52.14 fils per share for the year 2019, an increase of 7% over 2018.