Browse related articlesEmaar offers 20% share dividend
United Arab Emirates: Thursday, March 20 - 2008 at 10:18
Emaar Properties shareholders have voted for a 20% cash dividend for 2007. Chairman Mohamed Ali Alabbar told shareholders attending its Annual General Meeting that Emaar needed to finance its expansion plans, and rejected calls for a higher dividend payment. A previous 20% cash dividend resulted in Emaar's shares dropping 5% the following day, said Emirates Business 24/7.
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StaffThursday, March 20 - 2008 at 10:18 UAE local time (GMT+4)
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