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Etisalat’s shareholders consent to 80 fils per-share dividends

Etisalat’s shareholders consent to 80 fils per-share dividends
Etisalat’s capital reached around AED 8.696 billion
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ETISALAT
-0.24% 16.96 -0.04

Abu Dhabi – Mubasher: Emirates Telecommunications Group’s (Etisalat) ordinary general meeting has approved the distribution of 80 fils per share in cash dividends for 2018, according to a bourse statement released on Wednesday.

Etisalat’s capital reached around AED 8.696 billion distributed on 8.696 billion shares. 

The Abu Dhabi-based telecom company reported a 2% year-on-year rise in net profits and for the full-year 2018, registering AED 8.61 billion in 2018.