GFH board recommends dividends at 20%

Dubai - Mubasher: The board of GFH Financial Group recommended the distribution of dividends at 20% of capital in the form of cash and bonus shares.

According to the company’s statement on Sunday, the board has recommended cash dividends at 10% with a total value of $59.79 million, as well as bonus shares at 10%.

The company’s board of directors’ recommendations are still subject to the approval of the general assembly, which will meet on 22 February 2017.

Worth noting, the company did not approve dividends for 2015. 

Mubasher Contribution Time: 05-Feb-2017 16:58 (GMT)
Mubasher Last Update Time: 06-Feb-2017 08:27 (GMT)