Du declares interim dividend; Q2 revenue up 13pc
Dubai, August 26, 2014
Emirates Integrated Telecommunications Company (du) has declared an interim dividend of Dh0.12 ($0.03) per share at its Ordinary General Meeting (OGM) held yesterday (August 25) in Dubai.
Strong performance in revenues during the first six months of 2014 led to the Board proposing the interim dividend, a statement said.
Shareholders that are registered in the company sharebook on September 4 will be entitled to receive the interim dividend, according to the statement.
At the OGM, Du reported an uptick in fixed revenue of 30 per cent as well as a 10 per cent rise in mobile revenue, fuelled by an increase in post paid customers. The company’s revenues exceeded Dh3 billion ($816.5 million) n the second quarter of the year, a 13.7 per cent increase on the same period of 2013. – TradeArabia News Service