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Dar Al Dawa’s shareholders approve 100 fils/shr dividends

Dar Al Dawa’s shareholders approve 100 fils/shr dividends
Dar Al Dawa Development and Investment Company’s headquarters (Photo credit: Company website)
Dar Al Dawa
DADI
1.53% 1.33 0.02

Mubasher: Dar Al Dawa Development and Investment Company’s shareholders agreed Monday on distributing cash dividends at 100 fils per share (10% of the share’s par value) for the fiscal year 2015.

Shareholders earlier approved cash dividends at 12.5% of the stock’s par value or 125 fils per share for the fiscal year 2014.

The company’s profit fell last year by 25.3% to JOD 4.5 million from JOD 6.02 million in 2015.