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DFM's shareholders resolve 2.5% dividends for 2019

DFM's shareholders resolve 2.5% dividends for 2019
DFM's OGM has agreed on paying out AED 200m dividends for 2019
DFM
DFM
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Dubai – Mubasher: The ordinary general meeting (OGM) of the Dubai Financial Market (DFM) company has agreed on paying out AED 200 million cash dividends for 2019, equivalent to 2.5% of the company's paid-up capital.

The shareholders also approved to execute transactions, not exceeding 30% of the DFM's capital, with related parties, the DFM disclosed in a statement on Wednesday.

It is noteworthy to highlight that in 2019, the net profits of DFM company declined by 4% to AED 120.6 million from AED 125.5 million in 2018.