Oman Oil Marketing Company SAOG Reports Unaudited Earnings Results for the Year Ended December 31, 2012; Recommends Final Dividend for the Year 2012
The directors of the company also recommended a final dividend of approximately 70 baisas per share that represents a payout of 70% on the nominal value of OMR 0.100 per share for the year 2012, compared to 62 baisas per share that represents a payout of 62% on the nominal value of OMR 0.100 per share for the year 2011. The payment is subject to shareholders approval at the Annual General Meeting to be held on March 27, 2013. It is expected that the final dividend, as approved at the Annual General Meeting, shall be paid to shareholders in mid April 2013.