GFH Capital has distributed semi-annual dividends for a number of its investments and funds in line with its progressive dividend distribution policy.
The dividends were paid to investors of GFH funds wit
Banks in the United Arab Emirates have been told to get dividends approved by the central bank before announcing the details of payments to markets and shareholders, four banking sources said on Tuesday.
The demand for clearance f
Saudi Hollandi Bank, the kingdom's oldest lender, cut its cash dividend for 2015 but is planning a large bonus share issue to investors.
The bank said in a bourse filing on Tuesday that its board had recommended paying a cash
Qatar Insurance has proposed a 2015 cash dividend of 25 per cent plus a 10 bonus share issue, it said on Sunday.
A 25 per cent cash dividend equates to QR2.50 ($0.6867) per share. This would be slightly higher than the company'
Saudi Telecom Company (STC) plans to pay a minimum quarterly dividend of SR1 per share for three years from the fourth quarter of 2015 onwards, the operator said on Wednesday adding payments could be higher depending on its performance.
Saudi International Petrochemical Co (Sipchem) said on Thursday that no decision had been made yet on whether it would pay a dividend for the second half of this year.
"The second half of the year was toug
The National Bank of Abu Dhabi’s NBAD Mena Bond Fund has earned dividend income equivalent to $4.58 million for USD share class, Dh2.88 million ($786 million)for the AED share class and EUR 57,177.14 ($62,575) for the EURO share class.
First Bahrain, a leading Kuwaiti real estate development company, yesterday announced a 10 per cent share dividend, distributing KD2.12 million ($7 million) of its retained earnings proportionally amongst its shareholders. The distribution is
Aluminium Bahrain (Alba) posted a net income of BD66.9 million ($178 million) in the first half of the year as compared to BD32.3 million ($86 million) for the same period in 2014, marking a year-on-year increase of 107 per cent.
Dragon Oil's largest shareholder, Emirates National Oil Co Ltd (Enoc), said the oil producer no longer needed to pay a dividend to shareholders, stepping up pressure in its bid to take over the company.