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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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Ticker | Price | Volume |
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Ticker | Price | Change |
---|---|---|
ALPHADHABI | 10.52 | -0.10 (-0.95 |
ADNOCLS | 5.43 | 0.05 (0.92 |
IQCD | 12.92 | 0.03 (0.23 |
ADPORTS | 3.94 | -0.03 (-0.76 |
NMDC | 22.12 | 0.06 (0.27 |
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