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Emirates Refreshments Oks annual dividends

Emirates Refreshments Oks annual dividends
Emirates Refreshments' head office (Photo Credit: Emirates Refreshments' Website)
ERC
ERC
-1.85% 2.65 -0.05

Dubai-Mubasher: The shareholders of Emirates Refreshments Co. gave the go-ahead to the recommended 5% dividends for 2015, according to a bourse statement.

The dividend payout stands at 5 fils per share, totalling AED 1.5 million.

The shareholders also approved during their ordinary general meeting (OGM) the appointment of four new board members.

The shareholders gave a nod to amendments to the articles of association, in accordance with the companies’ commercial law.