Dubai – Mubasher: Dubai Investments said its shareholders will meet on Monday, 10 April, to discuss dividends recommended for fiscal year 2016, according to a bourse statement.
The board proposed on Thursday, 9 March, 10% cash dividends, or 10 fils per share, amounting to AED 404.95 millon for FY16.
A total of 202.45 bonus shares were also recommended for the same year, representing 5% of the company's issued and paid capital.
The board approved to increase its members from five to seven, according to the statement.
