|26 February, 2020

United Foods proposes 30% cash dividends for FY19

United Foods Company recommended to distribute 30% of the capital as cash dividends

Dubai – Mubasher: The board of United Foods Company recommended to distribute 30% of the capital as cash dividends for fiscal year 2019.

The distribution of cash dividends amounts to 30 fils per share, according the company’s disclosure to Dubai Financial Market (DFM) on Tuesday.

It is noteworthy to mention that in 2019, the company’s net profits reached AED 28.71 million, up from AED 19.145 million in 2018.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2020 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Markets