Abu Dhabi – Mubasher: Agthia Group’ s general assembly has approved to a cash dividend distribution worth 15 fils per share, or 15% of the capital, to shareholders for the full-year 2018 during a meeting held on 28 March.
Total dividends amounted to AED 90 million for the year ended 31 December 2018, according to a recent filing to the Abu Dhabi Securities Exchange (ADX).
The company’s capital stands at AED 600 million divided into 600 million shares at a par value of AED 1 a share.
It is worth noting that Agthia’s net profits rose 2.1% year-on-year to AED 211 million in the full-year 2018.
By 11:53 am UAE time, Agthia’s stock rose 3.67% at AED 3.92.