Omantel to distribute interim dividend of 40% to shareholders

August 16, 2014 12:15 am

The board of directors of Oman Telecommunications Company (Omantel) has agreed to distribute an interim dividend of 40% to the shareholders, Times of Oman of reported. The board also approved the company’s financial results for the period ended June 2014 that showed an increase in the net profit by 9% to OR66m. The decision was taken at the company’s board meeting Wednesday. The interim distribution of 40% from the paid capital will be paid to Omantel registered shareholders by the end of trading hours of August 31, 2014.