Abu Dhabi – Mubasher: The board of Aldar Properties has recommended a cash dividend distribution, equivalent to 15% of the capital, for 2021.
Subject to the approval of the ordinary general meeting (OGM), the proposed dividends increased to AED 0.15 per share, according to a bourse filing on Tuesday.
It is noteworthy to mention that in 2021, the company recorded net profits attributable to the owners of AED 2.32 billion, up 21% year-on-year (YoY) from AED 1.93 billion in 2020.
