Emaar Properties’ stock gains 1.53% on expected dividends

Dubai – Mubasher: Emaar Properties’s stock saw heavy trading on Sunday on the back of holding ordinary general meeting (OGM) to discuss an AED 4 billion extraordinary dividends.

By 11:20 am UAE time, the stock grew 1.53% to AED 7.29 after 1.860 million shares were traded, generating AED 13.55 million through 195 transactions.

The company is planning to distribute AED 3 billion in January, and AED 1 billion after the holding of the next OGM in April.

Mubasher Contribution Time: 14-Jan-2018 08:02 (GMT)
Mubasher Last Update Time: 14-Jan-2018 08:24 (GMT)