Abu Dhabi – Mubasher: RAK White Cement said its shareholders gave the go-ahead to 7.5% cash dividends or 7.5 fils per share for fiscal year 2016, according to a bourse statement.

Total approved dividends amount to AED 37.51 million ($10.21 million) for FY16.

The company’s capital stands at AED 500.16 million, distributed on 500.16 million shares at AED 1 per share.