Umm Al Qaiwain nods to annual dividends

Abu Dhabi – Mubasher: Umm Al Qaiwain General Investments Company said its board approved a total of AED 25.41 million ($6.92 million) of dividends for fiscal year 2016, according to a bourse statement.

The company will distribute 7% cash dividends, equivalent to 7 fils per share, for FY16.

Umm Al Qaiwain’s capital amounts to AED 363 million, distributed on 363 million shares at AED 1 per share.

Mubasher Contribution Time: 19-Mar-2017 06:25 (GMT)
Mubasher Last Update Time: 19-Mar-2017 07:13 (GMT)