The Board of Directors recommended to Emirates Driving Company, to distribute cash dividends to shareholders for the year 2020.
According to the company’s statement to the Abu Dhabi Securities Exchange, today, Wednesday, the Board of Directors recommended the distribution of cash dividends for the past year of 100% of the par value of the share at one dirham per share.
It is expected that the value of the proposed profits will reach 89.79 million dirhams if the company’s general assembly approves the proposed percentage on March 24th.
The company has a capital of 89.79 million dirhams, distributed over 89.79 million shares, with a par value of one dirham per share.
