Dubai – Mubasher: Dubai Refreshments said its shareholders gave the go-ahead on Thursday to 70% cash dividends, equivalent to 70 fils per share, for fiscal year 2016, according to a bourse statement.

Total approved dividends amount to AED 63 million for FY16.

The company’s shareholders set the last day to be eligible for dividends at 29 March, with the record date determined at 2 April.