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Public joint-stock firms pay $16.80 bn in cash dividends, bonus shares in 2023

The Securities and Commodities Authority (SCA) announced that public joint-stock companies in the UAE distributed a total of AED61.73 billion ($16.80 billion) in cash dividends and bonus shares in 2023, a report said. Of this amount, AE

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Public joint-stock firms pay $16.80 bn in cash dividends, bonus shares in 2023

The Securities and Commodities Authority (SCA) announced that public joint-stock companies in the UAE distributed a total of AED61.73 billion ($16.80 billion) in cash dividends and bonus shares in 2023, a report said. Of this amount, AE

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Fertiglobe upbeat on 2023 results; approves $200m cash dividends

Abu Dhabi-based Fertiglobe, the largest nitrogen fertilizer producer in the Middle East and North Africa region and an early mover in sustainable ammonia, has approved a cash dividend of $200 million for H2 2023.   

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Salik set to distribute $150m cash dividends for FY2023

Salik Company, Dubai’s exclusive toll gate operator, has announced that its board has won approval from shareholders for the distribution of cash dividends worth AED550 million  ($150 million) - equivalent to 7.3338 fils per share -

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Air Arabia approves 20pc cash dividends for FY 2023

Sharjah-based lowcost carrier Air Arabia has declared that it has won approval from the shareholders for the distribution of 20% cash dividends for the FY 2023.   Announcing this at the company’s Annual Gen

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Empower distributes $118m cash dividends for H1

Emirates Central Cooling Systems Corporation (Empower) said it has distributed cash dividends worth AED425 million ($118.4 million) - representing 42.5% of the company’s paid-up capital - to its shareholders for the period ended June 30,

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Response Plus to distribute $3.8m cash dividends for 2022

Response Plus Holding, a leading UAE provider of on-site healthcare management and medical emergency services, is set to distribute cash dividends worth AED14 million ($3.8 million) to its shareholders’ for the fiscal year 2022.

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Dana Gas to distribute $172m cash dividends for 2022

Dana Gas, the Middle East's largest private natural gas firm, said its shareholders have approved the board of directors’ recommendation at the company’s Annual General Assembly to distribute a further 4.5 fils per share cash d

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Dewa to distribute $1.3bn cash dividends to shareholders

Dubai Electricity and Water Authority has announced that its shareholders have approved the payment of total dividends of AED4.77 billion ($1.3 billion) with a record date of April 20.   The investor go-ahead cam

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Bank ABC set to distribute $46m cash dividends for FY 2022

Bank ABC (Arab Banking Corporation) has announced that its shareholders have approved the board’s recommendation to distribute cash dividends worth $46.4 million, ($1.5 cent per share) compared to $1 cent per share, up 50% when compared

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