Dubai – Mubasher: Emirates Integrated Telecommunications Co (du) on Tuesday disclosed its plans to distribute AED 589.3 million of interim dividends to its shareholders for the first half of fiscal year 2017.
The UAE company recommended paying 13 fils per share to the entitled shareholders, subject to approval at du’s general meeting in September 2017, according to a bourse filing issued on Tuesday.
du posted a decline of 12.3% in net profits to AED 811.51 million during the first six months of 2017, compared to AED 925.52 million in the same period a year ago.
It is noteworthy that du’s capital stands at AED 4.57 billion, distributed on 4.57 billion shares.
