GulfBase Live Support
01/03/2018 05:53 AST
RAK Ceramics said on Tuesday its shareholders have approved plans of the board, which recommended Dh0.25 per share of dividend and 5 per cent bonus shares.
RAK Ceramics will begin trading ex-dividend on March 8, the company said in an emailed statement.
A cash dividend payment is scheduled to be paid within one month of the company's Annual General Meeting and shareholders who purchased RAKCEC stock prior to the ex-dividend date are eligible for the cash dividend payment. The dividend payment represents a 67 per cent increase over the prior dividend payment.
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ALPHADHABI | 10.58 | 0.12 (1.14 |
IQCD | 12.50 | -0.11 (-0.88 |
ADNOCLS | 5.94 | 0.04 (0.67 |
ADPORTS | 4.05 | -0.06 (-1.46 |
NMDC | 22.20 | -0.10 (-0.45 |
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