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Agthia’s OGM approves 8 fils/shr dividends for H1-21

Agthia’s OGM approves 8 fils/shr dividends for H1-21
Agthia has previously adopted a semi-annual dividend policy
Agthia
AGTHIA
-0.74% 5.33 -0.04

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Agthia Group has approved to distribute interim cash dividends of 8.25 fils per share for the first half (H1) of 2021.

The group’s first interim cash dividend payment aggregates at an amount of AED 65.31 million, according to a bourse filing on Tuesday.

Agthia has previously adopted a semi-annual dividend policy, which reflects its growing scale and enhanced financial profile following its recent acquisitions.

It is noteworthy to mention that during the first half (H1) of 2021, the company’s net profits increased by 61% to AED 67.92 million, compared to AED 42.263 million in the same period of 2020.