Abu Dhabi – Mubasher: Emirates Telecommunication Group (Etisalat) seeks to distribute interim cash dividends of 25 fils per share for the first quarter (Q1) of 2020 to boost shareholders' liquidity amid the coronavirus (COVID-19) pandemic.
By distributing interim cash dividends for Q1-20, the company reflects its healthy financial position, according to a press release on Thursday.
The company added that the board will consider distributing additional interim dividends by the end of Q2-20 based on its performance during that period.
During a meeting held on 21 April, the board proposed a cash dividend distribution of 25 fils per share for Q1-20, with the close of the business day on 3 May 2020.
