Bahrain’s Batelco proposes unchanged dividend for H1 2016

August 7, 2016 5:03 pm

Bahrain Telecommunications Co (Batelco) said on Sunday that its board was recommending a cash dividend of 0.01 dinars ($0.027) per share for the first half of 2016.


The payout was unchanged from a year ago, according to Thomson Reuters data.


The company posted a 1.7 per cent decline in second-quarter profit to 13.08 million dinars as it recorded losses from its share in Yemen’s Sabafon.


By Reuters
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