Emaar Malls approved for 10% dividend

Emaar

Malls Group said yesterday its shareholders had approved a 10 per cent cash dividend, amounting to 10 fils per share, at its annual general meeting.

The unit of Emaar Properties will distribute Dh1.3 billion among its shareholders, the company said in a statement posted on the Dubai Financial Market’s website.

Investors on the shareholders register at the end of trading session on May 1 will be eligible for the dividends.

(Staff Report)