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Du shareholders approve AED 589.3 mn dividends for H1

Du shareholders approve AED 589.3 mn dividends for H1
DU
DU
-0.51% 5.82 -0.03
Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) said its shareholders approved dividends of 13 fils per share for the first half of 2017, according to a bourse statement.

“We are delighted to announce an interim distribution of AED 589.3 million to our shareholders,” according to du’s vice chairman Khalid Balama Al Tamimi.

“The interim dividend reflects our progressive dividend policy, which seeks to balance the investment needs of the business, whilst rewarding the commitment and loyalty of our shareholders,” Al Tamimi added.