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Cash Dividends

Kuwait International Bank
27 March 03:59 PM KIB approves dividends, bonus shares distribution
Mubasher: Shareholders of the Kuwait International Bank (KIB) approved the recommendation of the board of directors to distribute cash dividends for 2019. The approved dividends amount to 7 fils per share, representing 7% of the share’s par value, …
The company's profits reached $131.1 million in 2019
26 March 01:37 PM Orascom Construction sees 15.2% lower consolidated profits; dividends proposed
Mubasher: The consolidated financial results for 2019 of Orascom Construction PLC, listed on Nasdaq Dubai and the Egyptian Exchange (EGX), reported a 15.2% year-on-year (YoY) drop in net profits. The company's net profits reached $131.1 million in …
The distribution of cash dividends will be at 4 fils per share
26 March 12:46 PM Insurance House shareholders approve 4% dividends
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Insurance House (IH) has approved to pay out 4% cash dividends for 2019. The distribution of cash dividends will be at 4 fils per share, aggregating at a total amount of AED 4.75 million, …
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26 March 12:40 PM GACO’s board decides No dividends for 2019
Riyadh – Mubasher: The board of Al Gassim Investment Holding Company (GACO) has decided not to distribute dividends for fiscal year (FY) 2019. The decision is based on the recent financial results, as the company did not achieve profits in 2019, …
Dividends stand at a total SAR 1.39 billon
26 March 11:58 AM Samba to distribute SAR 0.7/shr
Riyadh – Mubasher: The ordinary general meeting (OGM) of Samba Financial Group has approved the board of directors’ recommendation to distribute SAR 1.394 billon in cash dividends to shareholders for the second half (H2) of 2019. The dividends …
The company's board approved to buy back no more than 10% of shares
26 March 09:55 AM Salama board proposes 3 fils/shr dividends for first time
Dubai – Mubasher: The board of Islamic Arab Insurance Company (Salama) has recommended distributing 3 fils per share cash dividends for 2019 for the first time since the company's IPO. During a meeting held on Wednesday, 25 March, the board has …
DFM's OGM has agreed on paying out AED 200m dividends for 2019
25 March 04:50 PM DFM's shareholders resolve 2.5% dividends for 2019
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 …
The distribution of cash dividends represents 10 fils per share
25 March 03:33 PM NCC's board proposes 10% dividends for 2019
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, …
The distributions will be paid after five business days following the maturity date
25 March 02:18 PM Kuwait Insurance nods to 30 fils/shr dividend for FY19
Mubasher: The ordinary and extraordinary general assembly meetings of Kuwait Insurance Company approved the proposed cash dividend distribution of 30 fils per share or 30% of the share’s nominal value for the fiscal year (FY) 2019, after excluding …
The group saw consolidated revenues of AED 52.2 billion
25 March 11:57 AM Etisalat shareholders approve AED 0.8/shr dividends
Abu Dhabi – Mubasher: Emirates Telecommunication Group’s (Etisalat) shareholders have approved to distribute 80 fils per share as cash dividends for 2019. The group saw consolidated revenues of AED 52.2 billion, while the consolidated net profits …
Sales rose by 4.8% annually by 2019 year-end
25 March 11:14 AM SACO’s profit shrinks 37% in FY19
Riyadh – Mubasher: The Saudi Company for Hardware (SACO) registered a net profit after tax and zakat worth SAR 61.63 million during 2019, down by 37% from SAR 97.88 million in 2018. Sales rose by 4.8% last year to stand at SAR 1.46 billion from …
Earnings fell by 26% in Q4-19
24 March 03:19 PM Osoul Investment records 161% higher profit in FY19; dividends proposed
Mubasher: The net profit of Osoul Investment jumped by 161% year-on-year (YoY) in fiscal year (FY) 2019, recording KWD 1.83 million when compared to KWD 702,666 in 2018, the company's annual financial statements showed. The increase in annual …
The distribution will be paid through two tranches
24 March 01:01 PM Arab Moltaqa approves FY19 dividends
Cairo – Mubasher: The ordinary and extraordinary general meeting of Arab Moltaqa Investments approved the proposed cash dividend of EGP 60 million to shareholders for the fiscal year (FY) 2019. The dividends will be distributed at EGP 2 per share, …
The distribution of cash dividends will be at $0.02 per share
24 March 12:35 PM Al Baraka's OGM enacts 2% dividends for 2019
Mubasher: The shareholders of Al Baraka Banking Group, listed on Nasdaq Dubai and Bahrain Bourse, have approved distributing cash dividends for 2019. The dividends represent 2% of the share's nominal value, or 2 cents per share, aggregating at an …
Earnings retreated by 72.1% annually in Q4-19
24 March 09:37 AM Integrated Holding's earnings down 54% in 2019; dividends proposed
Mubasher: The net profit of Integrated Holding Company recorded KWD 7.8 million ($25.39 million) in the fiscal year (FY) ended on 31 December 2019, down by 54.2% from KWD 17.2 million ($55.4 million) in 2018. The drop in profit is largely …
Shareholders approved a total of EGP 426.76 million in cash dividends
23 March 03:54 PM Telecom Egypt approves EGP 427m dividends for 2019
Cairo – Mubasher: The ordinary general meeting (OGM) of Telecom Egypt (WE) has approved to pay a cash coupon of EGP 0.25 per share for 2019. During the meeting, shareholders have approved a total EGP 426.76 million in cash dividends for 2019, …
The board previously proposed distributing KWD 24.33 million as cash dividends for 2019
23 March 03:50 PM Human Soft cancels 2019 dividends amid COVID-19 concerns
Mubasher: Human Soft Holding’s ordinary general assembly meeting (OGM) has cancelled the previously recommended cash dividend and bonus shares distribution for fiscal year (FY) 2019. The new decision will support the company's position in facing …
The board discussed increasing the issued and paid-up capital to KWD 20.48 million
23 March 03:20 PM GIG approves FY19 dividends; mulls capital rise
Mubasher: The ordinary general meeting (OGM) of Gulf Insurance Group (GIG) approved the board’s recommendation to distribute cash dividends at 38 fils per share, 38% of the share’s nominal value, for the fiscal year (FY) 2019. The approval came …
The dividends will be paid to the shareholders on 15 April
23 March 01:02 PM Kuwait’s stc approves dividends for FY19
Mubasher: The ordinary general meeting (OGM) of Kuwait Telecommunications Company (stc) approved the proposed dividend distribution of 50% of the share’s nominal value or 50 fils per share for the fiscal year (FY) ended on 31 December 2019. The …
The decision aims to support the company’s financial position
23 March 11:53 AM Buruj Cooperative board recommends no dividends for 2019
Riyadh – Mubasher: The board of Buruj Cooperative Insurance Company has recommended not to distribute any dividends for the fiscal year (FY) ended 31 December 2019. The decision aims to support the company’s financial position, according to a …
du's board recommended to pay out  AED 0.21 per share dividends
23 March 10:25 AM du's board proposes AED 0.21/shr dividends for H2-19
Dubai – Mubasher: The board of Emirates Integrated Telecommunications Company (du) has recommended to pay out  AED 0.21 per share as cash dividends for the second half (H2) of 2019, amounting to AED 951.91 million. This proposal will bring the …
The new decision will support the company’s operation once the travel halt is lifted
23 March 09:37 AM Jazeera Airways cancels 2019 dividends amid COVID-19 uncertainties
Mubasher: The board of Jazeera Airways has cancelled the proposed cash dividends distribution and recommended not to distribute any dividends for the fiscal year (FY) ended on 31 December 2019 in an attempt to curb the fallout from the coronavirus …
Dividends stand at BHD 17.73 million
22 March 06:21 PM Al Salam Bank to distribute 4% dividends, 4% bonus shares
Mubasher: Shareholders of Al Salam Bank, listed on the Dubai Financial Market (DFM) and Bahrain Bourse, have approved the distribution of dividends for 2019. Dividends stand at BHD 17.73 million, representing 8% of the company’s capital, according …
The OGM of RAK Properties has nodded to distribute 4% of dividends
22 March 04:31 PM RAK Properties shareholders approve 4 fils/shr dividends
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of RAK Properties has amended the cash dividends distribution for 2019, the company disclosed to Abu Dhabi Securities Exchange (ADX) on Sunday. Instead of distributing 3% cash dividends as …
The cash dividends stand at 60 piastres per share
22 March 11:42 AM Nozha Hospital's OGM approves 10% dividends
Cairo – Mubasher: The ordinary general meeting (OGM) of Nozha International Hospital has approved distributing cash dividends for 2019, worth 10% of the share's nominal value, at EGP 0.6 per share. The dividends stand at a total of EGP 6.75 …