Dubai-Mubasher: Emirates Integrated Telecommunications Company (du) said that its board recommended 43% cash dividends or AED 0.43 per share for the fiscal year 2015, amounting to AED 1.965 billion, according to a bourse filing on Tuesday.
The telecom operator reported an 8% decline in profits after royalty to AED 1.941 billion in 2015.
Fourth-quarter net profit last year grew 8% to AED 462 million ($125.8 million).
Today, du’s stock rose 1.18% to AED 0.07 after trading 112,360 shares through nine transactions, with turnover of AED 675,900.
