UAE’s Emaar board to discuss FY15 dividend on March 18

16/03/2016 Argaam

The board of United Arab Emirates-based Emaar Properties will discuss on Friday dividend payout for the 2015 fiscal year and amendments to the articles of incorporation, the company said in a statement to Dubai Financial Market (DFM) Tuesday.

 

The developer reported an 11 percent rise year-on-year in FY15 net profit to AED 4.08 billion, according to the data available on Argaam.

 

Emaar shares closed Tuesday at AED 6.11, down 0.1 percent.

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