Aramex's board proposes AED 219m dividends

Dubai-Mubasher: Aramex’s board recommended 15% cash dividends or 15 fils per share for the fiscal year 2015, a payout totalling AED 219.6 million, according to a recent statement.

The board members also approved the FY15 audited financials during their meeting on Tuesday.

In addition, the meeting decided to renew the company’s property all risk and business interruption insurance policies at a premium of AED 3.1 million and AED 1.4 million respectively with Emirates Insurance Company.

The shareholders’ meeting is scheduled to be held on 14 April. 

Mubasher Contribution Time: 02-Mar-2016 05:55 (GMT)