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16-Aug-2016

Omantel to pay 40% interim dividend

Oman Telecommunications Company’s (Omantel’s) board has approved a proposal to distribute an interim dividend of 40% of the paid up capital (OMR0.040/share) among shareholders. The record date for dividend payment is 31 August. (Times of Oman)   Omantel: OMR1.65 as of 15 August 2016, Rating: Neutral, FV: OMR1.68 per share, MCap: USD3,257mn, OTEL OM / OTL.OM

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