Mubasher: Arab Palestinian Investment Co’s (APIC) shareholders meeting decided to raise the dividends to 15% of the capital for the fiscal year 2015, according to a statement in Wednesday.
APIC will pay 5% cash dividends of the capital or $0.05 per share, as well as distributing 10% bonus shares or a share per each 10 shares.
During FY15, the company’s profits grew 9.4% to $12.4 million as compared to $11.3 million in 2014.
