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Emirates Refreshments board proposes 10% annual dividends

Emirates Refreshments board proposes 10% annual dividends
Emirates Refreshments Co.'s headquarter (Photo Credit: Company Website)
ERC
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Dubai – Mubasher: Emirates Refreshments Co. said its board recommended a 10% dividends or 10 fils per share for the fiscal year 2016.

Total proposed dividend payout amounted to AED 3 million for FY16, according to a bourse statement.

The shareholders will meet on Wednesday, 1 March, to consider the dividend proposal.