Damac board recommends cash dividends for FY15

Dubai-Mubasher: Damac Properties’ board proposed cash dividends representing 15% of the paid-up capital or AED 0.15 fils per share, according to a recent bourse filing.

During their meeting on 3 March, the board members also invited the company’s shareholders to hold their annual general meeting. The shareholder meeting’s date was not specified in the filing.   

Mubasher Contribution Time: 06-Mar-2016 05:47 (GMT)