Abu Dhabi – Mubasher: ADNOC Distribution on Thursday announced that its general assembly has approved distributing cash dividends worth 5.88 fils per share for the year ended on 31 December 2018.
Total dividends amount AED 735 million for the full-year 2018, according to a filing to the Abu Dhabi Securities Exchange (ADX).
The company’s capital stands at AED 1 billion distributed on 12.5 billion shares at a par value of AED 0.08 a share.
It is worth noting that the company reported an 18% year-on-year increase in profits during 2018, recording AED 2.12 billion.
