Dubai – Mubasher: National Cement Company’s board of directors approved distributing a cash dividend of 10 fils per share, representing 10% of the share’s nominal value, for the full-year 2018 during a meeting held on Monday, the UAE-based cement producer said in a statement to the Dubai Financial Market (DFM) on Tuesday.
Total dividends will amount to AED 35.88 million, according to Mubasher’s statistics.
It is worth noting that the company’s capital stands at AED 358.8 million, divided into 358.8 million shares at a par value of AED 1 a share.