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ADNH shareholders approve AED 10m dividends

ADNH shareholders approve AED 10m dividends
The company’s capital amounts to AED 1 billion (Photo Credit: Arabianeye-Reuters)
ADNH
ADNH
3.29% 0.41 0.01

Mubasher: Abu Dhabi National Hotels (ADNH) said its shareholders approved 10% cash dividends for fiscal year 2016, totalling AED 100 million, according to a bourse statement.

The company’s capital amounts to AED 1 billion, distributed among 1 billion shares.

Profits reached AED 244 million in 2016, up 3% from AED 237 million in 2015.