Dubai Investments increase cash dividend to 12%

Dubai

Dubai Investments said on Tuesday the shareholders unanimously agreed to increase the cash dividend to 12 per cent from the earlier 10 per cent including a 5 per cent bonus shares.

“Some shareholders requested for increasing the percentage of cash dividend and after much discussions between the shareholders and the board of directors the percentage of cash profits was increased,” Dubai Investments said in a statement posted on Dubai Financial Market’s website.

The shareholders also approved the financial results for the year ending December 2016.