Tawasul
Mubasher TV
Contact Us Advertising   العربية

NCC's board proposes 10% dividends for 2019

NCC's board proposes 10% dividends for 2019
The distribution of cash dividends represents 10 fils per share
National Cement
NCC
0.00% 0.00 0.00

Dubai – Mubasher: The board of National Cement Company (NCC) has recommended distributing 10% of the share's nominal value as cash dividends for 2019.

The distribution of cash dividends will be at 10 fils per share, amounting to AED 35.88 million, according to the company's disclosure to the Dubai Financial Market (DFM) on Wednesday.

It is noteworthy to highlight that in 2019 the company achieved profits of AED 51.4 million, against losses of AED 36.7 million in 2018.