United Foods proposes 30% cash dividends for FY19

Dubai – Mubasher: The board of United Foods Company recommended to distribute 30% of the capital as cash dividends for fiscal year 2019.

The distribution of cash dividends amounts to 30 fils per share, according the company’s disclosure to Dubai Financial Market (DFM) on Tuesday.

It is noteworthy to mention that in 2019, the company’s net profits reached AED 28.71 million, up from AED 19.145 million in 2018.

Mubasher Contribution Time: 25-Feb-2020 09:20 (GMT)
Mubasher Last Update Time: 25-Feb-2020 09:22 (GMT)