Reem Investments
REEM
12.74%
40.00
4.52
REEM
Abu Dhabi – Mubasher: The board of Reem Investments has recommended distributing 14% of the capital as cash dividends to the company's shareholders for fiscal year 2019.
The distribution of the dividends represents AED 1.40 per share, aggregating at an amount of AED 108.85 million.
Noteworthy to highlight, in 2019, the company’s annual net profits plunged by 43% to AED 239.1 million from AED 416.8 million in 2018.
Source:
Mubasher