UAE’s Foodco proposes 10% dividend for FY18

Mubasher: The board members of Foodco Holding have recommended 10% of the capital as cash dividend for fiscal year 2018.

Foodco, listed on the Abu Dhabi Securities Exchange (ADX), said in a bourse disclosure on Monday that its board proposed paying 10 fils per share as dividends for FY18.

According to data collected by Mubasher, Foodco’s FY18 dividends would total AED 12 million, if approved by the general assembly, which will hold a meeting on 23 April.

Mubasher Contribution Time: 25-Mar-2019 09:42 (GMT)
Mubasher Last Update Time: 25-Mar-2019 09:42 (GMT)