Dubai: Emirates REIT, the Sharia-compliant regulated Real Estate Investment Trust incorporated in the Dubai International Financial Centre and listed on NASDAQ Dubai, on Monday announced its proposal to pay a total final dividend in relation to 2013 of $14.98 million or $0.05 (18.4 fils) per ordinary share to those shareholders on the register on June 18.
The proposed final dividend will be subject to shareholder approval at the REIT’s annual general meeting on June 22. Looking ahead, Emirates REIT aims to distribute a dividend to shareholders twice a year: an interim dividend in January and a final dividend in June.
