Abu Dhabi Aviation’s board agrees on 20% cash dividends

The distribution of cash dividends represents 20 fils per share

Abu Dhabi – Mubasher: The board of Abu Dhabi Aviation Company has approved to distribute 20% of capital as cash dividends for fiscal year (FY) 2019.

The distribution of cash dividends represents 20 fils per share, amounting to AED 88.977 million in total, according to a press release.

It is noteworthy to mention that in 2019, the company’s net profits attributable to the shareholders increased to AED 246.2 million, compared to AED 231.4 million in 2018.

Source: Mubasher

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