Abu Dhabi – Mubasher: The general assembly of Finance House (FH) approved distributing a 2.9% cash dividend of the company’s capital to its shareholders for the year ended 31 December 2018.

FH will pay total dividends of AED 8.87 million at 2.93 fils per share for the full-year 2018, according to a filing to the Abu Dhabi Securities Exchange (ADX) on Tuesday.

FH’s capital stands at AED 310.05 million, divided into 310.05 million shares at a par value of AED 1 a share.

It is worth noting that FH posted a 65.55% year-on-year drop in its profits during 2018, recording AED 11 million.