Ubar Hotels proposes 8% cash dividends for FY15

Mubasher: Ubar Hotels and Resorts Company’s board of directors recommended on Wednesday cash dividends at 8% of the capital, equivalent to 8 Baisas per share, for the fiscal year 2015.

The company’s general meeting earlier adopted cash dividends at 17% or 17 Baisas per share for the fiscal year 2014.

Mubasher Contribution Time: 17-Feb-2016 14:03 (GMT)