By: Ramy Sameeh
Abu Dhabi – Mubasher: The shareholders of Etisalat approved distributing a cash dividend of 40% for the second half of fiscal year 2016.
The company will pay 40 fils per share to the entitled shareholders, with an overall value of AED 3.47 billion.
Thus, Etisalat has approved a cash dividend of 80% for fiscal year 16.
During FY16, the net profit attributed to shareholders rose by 1.9% to total AED 8.42 billion from AED 8.26 billion in FY15.
