Emaar Properties: no plans for exceptional dividends

Emaar Properties: no plans for exceptional dividends
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Emaar EMAAR -0.28% 7.18 -0.02

By: Amr Adel

Dubai – Mubasher: The spokesman of Emaar Properties said that there is no plan for distributing exceptional cash dividends on the shareholders.

The dividends previously announced by the chairman, Mohamed Alabbar, included the cash dividends and bonus shares distributed for fiscal year 2014 at a value of AED 17.2 billion, the spokesman said in a reply to Mubasher’s question via email.

He clarified that the details of the important project Alabbar previously mention will be disclosed once the plan is complete.

 

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Source: Mubasher Exclusive

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