Dubai – Mubasher: Aramex said its ordinary general meeting (OGM) will discuss on Tuesday, 21 March, the proposed cash dividends for fiscal year 2016, according to a bourse statement.
The board recommended cash dividends representing 16% of the company’s paid-up capital, or 16 fils per share, amounting to a total of AED 233.6 million.
During their OGM, the shareholders will discuss the audited financials for fiscal year 2016.
The shareholders will also consider the renewal of the company’s property all risks and business interruption insurance policies with Emirates Insurance Company for an additional year at a premium of $1.337 million.
