Abu Dhabi – Mubasher: Agthia Group, listed on the Abu Dhabi Securities Exchange (ADX), announced that its board of directors recommended a cash dividend distribution of 15% of the share’s nominal value, or 15 fils a share, in 2018.
Agthia’s capital reaches AED 600 million distributed over 600 million shares.
The board of directors proposed dividends of AED 90 million for the previous year, according to statistics conducted by Mubasher.
It is noteworthy that Agthia’s net profits grew 2.1% year-on-year to AED 211 million during the full-year 2018.
Meanwhile, the UAE leading food and beverages company’s net revenues rose 2% on an annual basis to AED 2 billion last year.
