Sunday, 26 February 2012

Oman: Higher dividends to boost activity on stock market | Al Bawaba

Higher cash dividends from cheap stock valuations on the Muscat Securities Market (MSM) could lure investors and boost activity on the bourse, according to analysts and brokers, who add that higher yields for investors offers opportunities to reposition their portfolios on reliable dividend-paying stocks.

Until February 23, as many as 40 companies on MSM announced cash dividends ranging from 7.5 percent to 117 percent of paid up capital, putting extra cash in investors' pockets from March onwards this year.

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