Drake & Scull proposes no 2014 dividend
DUBAI, March 31, 2015
Dubai engineering firm Drake and Scull said on Tuesday its board had proposed paying no dividend for 2014.
The company's profit fell to Dh100.7 million ($27.42 million) in 2014 from Dh166.5 million ($45.32 million) a year earlier. Drake and Scull last paid a cash dividend for 2011, which was Dh0.03 per share, according to Reuters data. - Reuters