RAK Properties nods to 5% cash dividends

Abu Dhabi – Mubasher: RAK Properties said its shareholders approved 5% cash dividends, or 5 fils per share, for fiscal year 2016, according to a bourse statement.

Total approved dividends amount to AED 100 million for FY16.

The company’s capital stands at AED 2 billion, distributed on 2 billion shares at AED 1 per share.

Mubasher Contribution Time: 19-Mar-2017 07:25 (GMT)
Mubasher Last Update Time: 19-Mar-2017 07:56 (GMT)