Dubai:
Amanat said on Monday it plans to increase its dividend payout by Dh11.4 million following requests from their shareholders at its annual general meeting.
The total dividend payout will now be 1.956 fils per share compared to the earlier 1.5 fils, the company said in a statement.
The extra dividend will be paid from the retained earnings of Dh5.7 million.
“Reflecting our commitment to our shareholders in building long-term sustainable value, we are pleased to increase our total dividends payout. With 43 per cent of capital already deployed, we are optimistic about our ability to continuing enhancing shareholder value as we build on our solid foundation of actively investing in healthcare and education companies,” Hamad Abdullah Al Shamsi, Chairman of Amanat, said in a statement.
