Abu Dhabi – Mubasher: RAK Ceramics on Tuesday announced that its general assembly has approved distributing cash dividends worth 15 fils per share for the year ended 31 December 2018.

The board has also approved 5% as bonus shares, according to the company’s statement to the Abu Dhabi Securities Exchange (ADX).

It is worth noting that the company’s profits fell 28.6% year-on-year to AED 225.09 million in the full-year 2018.

By 11:23 am UAE time, RAK Ceramics’ stock fell 0.99% at AED 2.