Abu Dhabi – Mubasher: Abu Dhabi Aviation Company’s ordinary general meeting increased the proposed cash dividends to AED 89 million, with a per-share dividend of AED 0.2, according to a bourse statement released on Wednesday.
The approved dividends account for 20% of the carrier’s capital, the Abu Dhabi-listed company said.
The 30%-owned-by-Abu Dhabi-government aviation corporation posted a 1.3% increase in net profit during the full-year 2017, registering AED 284.055 million versus AED 280.4 million in the year-ago period.
