Dubai’s DAMAC Properties to distribute dividend of AED0.15

April 20, 2016 12:00 pm

Dubai’s DAMAC Properties said on Wednesday its shareholders had approved the distribution of a cash dividend of 0.15 dirhams ($0.04) per share for 2015.


DAMAC announced an interim dividend of 10 percent cash and 10 percent bonus shares in August. That cash payout was its first since listing in Dubai.

By Reuters
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