Mubasher: National Central Cooling Co’s (Tabreed) board meeting on Sunday recommended a cash dividend of 6.5% or 6.5 fils per share, according to a recent statement.
Thus, the company will pay an overall dividend of AED 48 million for the fiscal year 2016, according to data available for Mubsher.
During FY16, the company posted a rise of 6% in profits to total AED 367.4 million.