Jazeera Airways to share cash dividends worth 50% capital with shareholders and investors

The Jazeera Airways shareholders have unanimously approved the Board’s recommendation to distribute cash dividends worth 50% of the capital equivalent for H2 of 2022. The decision was announced at Jazeera’s Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) held at its headquarters in Kuwait. Dividends will be paid at $0.16 per share, amounting to a total payout of $35.8 million. This decision is taken on the backdrop of the airline announcing record profit for FY2022 of $65.7 million reporting a 183.6% increase on its 2021 results, and its operating revenue for the year stood at $595.4 million. Commenting on