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Abu Dhabi Aviation’s board agrees on 20% cash dividends

Abu Dhabi Aviation’s board agrees on 20% cash dividends
The distribution of cash dividends represents 20 fils per share
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ADAVIATION
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Abu Dhabi – Mubasher: The board of Abu Dhabi Aviation Company has approved to distribute 20% of capital as cash dividends for fiscal year (FY) 2019.

The distribution of cash dividends represents 20 fils per share, amounting to AED 88.977 million in total, according to a press release.

It is noteworthy to mention that in 2019, the company’s net profits attributable to the shareholders increased to AED 246.2 million, compared to AED 231.4 million in 2018.