Bahrain's Alba approves 2015 dividend worth $41.3m
Dividends will be paid based on 11% of the nominal value of Alba's shares, 11 fils, of which 5.5 fils was distributed as interim dividend in September 2015
Aluminium Bahrain (Alba) announced it will distribute dividends for the fiscal year of 2015.
This figure amounts to $41.3m (BHD15.5m), equivalent to 11% of the nominal value of Alba shares, which is 11 fils.
Of this, 5.5 fils per share was distributed in September 2015 as interim dividend.
The final dividend for 2015, worth $20.6m (BHD7.8m), will be payable from 3 April to Alba's shareholders as of 16 March, 2016.
Audited financial statements for the fiscal year 2015 were approved at the annual general meeting Alba recently held.