Dubai – Mubasher: The board of Aramex has proposed the distribution of AED 241.58 million in cash dividends for 2019.

The recommended cash dividends are equal to 16.5% of the company's paid-up capital, according to a disclosure to the Dubai Financial Market (DFM) on Monday.

It is noteworthy to mention that in 2019, the global logistics and transportation solutions provider posted a 1% increase in net profits to AED 497.4 million from AED 492.6 million in 2018.