Abu Dhabi – Mubasher: Reem Investments’ ordinary general meeting (OGM) approved the board’s recommendation to distribute 14% of the capital as cash dividends for fiscal year 2018.

The company, listed on the Abu Dhabi Securities Exchange (ADX), will pay a total of AED 108.85 million to the entitled shareholders, according to a bourse disclosure on Thursday.

With a capital standing at AED 777.5 million, Reem Investments said that the last entitlement date is set on 17 April, while the registry closing date will be on 21 April.

On 30 September, Reem Investments started trading on the secondary market of the ADX.