Dubai – Mubasher: The Dubai Financial Market (DFM) has distributed AED 15.8 billion in cash dividends for 2017 to 466,482 investors.
The number of listed companies outsourced the dividend distribution process to the Dubai-based bourse increased to 41 companies in 2017 from 35 a year earlier, according to an official statement.
“As part of its strategy to provide various market participants with smart and efficient solutions, DFM has been providing its cash dividend distribution service since 2011 in a leading step amongst stock markets in the region,” chairman of the DFM Essa Kazim commented.
The DFM has paid dividends to Investors via iVESTOR Card and bank transfer.
“We have also mobilised a dedicated and specialised team in order to achieve the highest levels of satisfaction of investors, listed companies and other market participants,” Kazim said.
