Abu Dhabi – Mubasher: Foodco Holding’s general assembly approved distributing cash dividends worth 20% of the company’s capital for the full-year 2018.
The company will distribute total dividends of AED 12 million at 12 fils per share, according to a filing to the Abu Dhabi Securities Exchange (ADX) on Wednesday.
The general assembly also agreed upon distributing bonus shares of 10% of the capital for the year ended 31 December 2018, according to the statement.
Foodco Holding’s capital amounts to AED 120 million, divided into 120 million shares at a nominal value of AED 1.
