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Dubai Investments recommends 10 fils/shr dividends for 2018

Dubai Investments recommends 10 fils/shr dividends for 2018
Total assets of the group have increased by AED 2.55 billion 2018
Dubai Investments
DIC
0.44% 2.30 0.01

Dubai – Mubasher: Dubai Investments announced that its board has recommended distributing 10 fils per share as dividends for the full-year 2018.

This represents 10% of the capital, worth a total AED 425.2 million, the company said in a statement to the Dubai Financial Market (DFM) late Tuesday.

Dubai Investments' total assets increased by AED 2.55 billion to AED 19.55 billion by the end of 31 December 2018, compared to AED 17 billion in 2017.

By 12:09 pm UAE time, Dubai Investments’ stock grew 3.82% at AED 1.36.