Abu Dhabi – Mubasher: Aldar Properties shareholders approved a dividend distribution of 9% at a total of AED 707.6 million.
The ordinary general meeting (OGM) set 25 March as the last day for participation in the dividends, with 29 March as the record date.
Payment will be carried out within 30 days of the OGM, the filing said.
Aldar reported 2% growth in its net profits for 2014, up to AED 2.27 billion ($617.89 million).
The company’s capital amounts to AED 7.86 billion divided on 7.86 billion shares at par value of AED 1 per share.
