Saturday 23 November 2024
 
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Special dividend

IHG announces $350m special dividend

InterContinental Hotels Group (IHG), a leading hotel company, has announced a $350 million special dividend as well as an increase of 10 per cent in interim dividend on bumper rise in revenues and profits in the first half of the year.

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Du to pay Dh1bn dividend after Q2 windfall

Du, the United Arab Emirates' second biggest telecom operator, said it would pay 1 billion dirhams ($272.3 million) to shareholders via special and interim dividends, after it posted a 46 percent rise in second-quarter net profit on Thursday

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L&T declares special dividend

The Larsen & Toubro Limited (L&T) board of directors have decided to pay a special dividend of Rs2 ($0.05) per equity share of Rs2 each. The offer is part of the birth centenary celebrations of its co-founder Henning Holck-Larsen.

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