United Oil Projects Company (UOP) announced the start date for distributing the cash dividends for the financial year ending December 31, 2024, amounting to 20% of the nominal value of the share (20 Fils per share), compared to 15% for the year 2023.

The distribution will begin on Thursday, June 12, 2025, for eligible shareholders recorded in the company’s registers as of the date of the general assembly meeting held on Sunday, May 4, 2025.

The company clarified that the specified cash dividends will be automatically transferred to the bank accounts of eligible shareholders who are registered in the automated transfer service provided by the Kuwait Clearing Company through local banks or branches of foreign banks in Kuwait.

The company also urged eligible shareholders who are not registered in the automated transfer service to visit their banks to activate this service and receive the mentioned dividends on the scheduled date or to contact the Kuwait Clearing Company for those who are unable to do so and for any other inquiries.