DFM approves 7% cash dividend for 2014

Dubai: The Dubai Financial Market (DFM) said on Monday it has approved a 7 per cent cash dividend equivalent to Dh560 million or 74 per cent of 2014 net profit.

The DFM recorded a net profit of Dh759.3 million for the year 2014, compared to Dh284.6 million in 2013. Total revenues increased 107 per cent to Dh936.7 million in 2014, compared to Dh453.1 million in 2013, it said in a statement.