Dubai – Mubasher: The ordinary general meeting (OGM) of Arabtec Holding approved the board’s recommendation to distribute 2.05% of the capital as a cash dividend for fiscal year 2017.
Dubai's largest listed construction firm will pay 2.05 fils per share as FY17 dividends to the entitled shareholders, according to a bourse statement on Monday.
The cash dividends will have a total value of AED 30.75 million.
In FY17, Arabtec recorded a profit of AED 123.1 million against losses of AED 3.4 billion in the previous fiscal year.
