Tabreed shareholders approve 6% cash dividends

Dubai-Mubasher: The National Central Cooling Co. (Tabreed) said its general meeting approved cash dividends for 2015 at 6% of capital, or 6 fils a share, totalling AED 44.3 million.

FY15 earnings reached AED 345.3 million, a rise of 6% over AED 325.7 million a year earlier.

The stock opened Thursday 0.8% higher at AED 1.15.

The company operates with AED 738.49 million in capital, divided into 738.49 million shares at a par value of AED 1 each.

  

 

Mubasher Contribution Time: 03-Mar-2016 05:57 (GMT)