Mubasher: Emaar Properties will hold its ordinary general meeting (OGM) on Monday to consider the board’s recommendation of distributing 15% cash dividends of the capital for fiscal year 2016.
The company will overview paying 15 fils per share to the entitled shareholders for FY16, with a total value of AED 1.07 billion, according to a bourse filing issued on Monday.
During FY16, the company’s profits increased by 28.2% to AED 5.23 billion from AED 4.08 billion in FY15.
