Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Agthia Group, listed on the Abu Dhabi Securities Market (ADX), has raised cash dividends for 2017 to 15% of capital, or 15 fils per share from 12.5%, according to a bourse filing.
Total cash dividends stand at nearly AED 90 million, according to Mubasher statistics.
In April 2016, the OGM had approved dividends distribution at 15% of capital, or 15 fils per share with total dividends of AED 90 million.
Agthia’s capital amounts to AED 600 million distributed over 600 million shares at a par value of AED 1 per share.