The total value of the dividends will be SAR 72,956, equivalent to 0.10% of its NAV
Dividends
Emaar Properties doubles dividend to $2.4bn
Emaar Properties announces it will distribute 100 per cent of share capital as dividends
UAE public joint-stock companies hand out $16.8bn in dividends
Securities and Commodities Authority reveals cash dividends and bonus shares for public joint-stock companies in the UAE
DEWA announces one-time special dividend payment to its shareholder
The decision was made after the company received a dividend of $550 million from EMPOWER; DEWA recently paid $844 million as part of its annual dividend
Dubai’s TECOM Group proposes $54mn dividend payment for first-half of 2022
The payment is subject to shareholder approval at its upcoming Annual General Meeting
DEWA to distribute over $843m in dividends
Dividends are intended to be paid to eligible shareholders this month
DEWA fixes October 10 for first-ever AGM to distribute $844 million dividend
The company is expected to make the payment in October itself; It reported revenues of AED12.08 billion and net profit of AED3.3 billion in first half of 2022
Abu Dhabi’s Fertiglobe hits $750 million in second quarter dividends as revenues rise
The growth in numbers comes after the company was driven by “strong earnings, healthy cash conversion and a robust capital structure”
Abu Dhabi-based Yahsat to pay $52.5 million in dividends to shareholders for 2021
The ADX listed satellite solutions provider signed an agreement worth more than $700 million with the UAE government for managed capacity services on the Thuraya 4 Next Generation Satellite
Air Arabia to seek more opportunities as world continues to reopen after Covid shock
Shareholders of Sharjah-based carrier have approved a dividend distribution of 8.5% of share capital
Video: Saudi Aramco sticks with dividend even as profit slumps
Saudi Aramco is pressing ahead with a planned $75 billion in dividends this year, despite the slide in profits and rising debt as the kingdom battles a widening budget deficit.
Video: Why are stock buybacks controversial?
As the stock market falls to historic lows, the practice of stock buybacks is facing extra scrutiny from central banks. So why are buybacks controversial?
Video: Is it time to focus on the narrative around cash flow instead of earnings growth?
In this pandemic environment, a narrative-based approach may be best.
Revealed: $6.8bn dividends distributed by Abu Dhabi bourse
Abu Dhabi Securities Exchange sees nearly 7% rise in dividends distributed on behalf of its listed companies
Emaar chief hails shareholders after approving $290m dividend
Mohamed Alabbar, chairman of Emaar Properties, says shareholders’ support ‘enables us to create long-term value for the company’
Emaar Malls says planning to distribute $354m cash dividend
Fourth annual general meeting of Emaar Malls will be held on Tuesday, will discuss proposal for cash dividend representing 10% of share capital
Emaar Properties to propose $290m dividend for shareholders
Dubai construction giant Emaar will propose 15% of the share capital as dividend at annual general meeting on Monday