Thursday 23 May 2013
 
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dividends

Saudi dairy approves $26m dividends

Saudi Dairy and Foodstuff Company (Sadafco) has approved a board recommendation for distribution of dividends worth SR97.5 million ($26 million) at SR3 per share representing 30 per cent of the capital, for the first quarter, said a report.

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DP World approves $199m dividends

  DP World, one of the world's largest port operators, said the board has approved dividends worth  $199 million (24 US cents per share) for 2012 to its shareholders which will be paid on A

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Seef Properties approves 9pc dividend

Bahrain-based Seef Properties said its shareholders have approved a nine per cent cash distribution and an allocation of BD830,000 ($2.2 million) to the statutory reserve for last year. In a statement issued after the annual gener

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Kingdom to distribute $146m cash dividends

Kingdom Holding Company (KHC), the investment company chaired by Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, is set to distribute cash dividends of SR550.3 million ($146.7 million) in quarterly installments for 2012. Ann

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Sico approves $5.6m cash dividends

Bahrain-based regionally-focused investment bank Securities & Investment Company (SICO) said its shareholders have approved cash dividend of BD2.137 million ($5.67 million), representing five per cent of paid-up capital. The a

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Gazprom to refund $4.7bn to EU customers

Gazprom, one of the world's top gas producers, expects to hand $4.7 billion in price cuts to European consumers this year, company officials said, and vowed to make good on dividend promises despite the cash flow hit. Customer

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IIB offers dividends for 5th consecutive year

Bahrain-based International Investment Bank (IIB) has announced key dividends to its investors in IIB Automotive Limited (IAL) for the fifth consecutive year, mainly due to the bank's strong performance in Tunisian market. IAL owns

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Daman Funds announce record dividends

Daman Investments, one of the leading UAE-based regional investment management companies, has announced a record ninth consecutive quarterly dividend for the Daman Second Emirates Fund. For the first quarter of 2012, the fund paid out a di

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Etisalat announces key dividends for investors

UAE telco giant Etisalat has announced plans to distribute dividends at 60 fils per share par value for the fiscal year 2011 to its shareholders as per the board's recommendation. Announcing this on Tuesday, Etisalat board members sai

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NBK approves cash dividends to investors

National Bank of Kuwait (NBK) has announced plans to distribute cash dividends equivalent to 40 per cent of nominal value of the share (40 fils per share) and bonus shares by 10 per cent (10 shares for every 100 shares) to the share

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