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Emaar proposes 10% dividend
- United Arab Emirates: Saturday, April 06 - 2013 at 01:16
The board of Emaar Properties has proposed the distribution of 10% of the company's share capital in dividend to shareholders for the year 2012, Wam has reported. Emaar recorded an 18% rise in 2012 full-year net profits to Dhs2.119bn ($577m), compared with Dhs1.794bn ($488m) a year earlier. Annual revenues reached Dhs8.240bn ($2.243bn) from Dhs8.112bn ($2.209bn) in 2011.
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