Mubasher TV
Contact Us Advertising   العربية

Mediterranean Tourism shareholders OK cash dividends

Mediterranean Tourism shareholders OK cash dividends
Photo Credit: Arabianeye-Reuters
Mediterranean Tourism
MDTR
4.71% 2.00 0.09

Amman-Mubasher: Mediterranean Tourism Investments (MDTR) shareholders approved the board’s proposal for the distribution of cash dividends, the company said in a bourse filing Tuesday.

Accordingly, the company will distribute cash dividends at 6% of capital, or JOD 2.7 million ($3.8 million).

A new board was elected for the upcoming four-year term, while Abdul Kader Abdullah was named chairman.