DFM's shareholders resolve 2.5% dividends for 2019

Dubai – Mubasher: The ordinary general meeting (OGM) of the Dubai Financial Market (DFM) company has agreed on paying out AED 200 million cash dividends for 2019, equivalent to 2.5% of the company's paid-up capital.

The shareholders also approved to execute transactions, not exceeding 30% of the DFM's capital, with related parties, the DFM disclosed in a statement on Wednesday.

It is noteworthy to highlight that in 2019, the net profits of DFM company declined by 4% to AED 120.6 million from AED 125.5 million in 2018.


Mubasher Contribution Time: 25-Mar-2020 13:50 (GMT)
Mubasher Last Update Time: 25-Mar-2020 14:30 (GMT)