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Sharjah Group proposes 4% dividends for 2016

Sharjah Group proposes 4% dividends for 2016
Sharjah's proposed dividends stand at a total value of AED 3.15 million for FY16. (Photo Credit: Company Website)
Aram Group
ARAM
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Abu Dhabi – Mubasher: Sharjah Group Company said its board recommended the distribution of 4% cash dividends, or 4 fils per share, for fiscal year 2016, according to a bourse statement.

Total proposed dividends stand at a total value of AED 3.15 million for FY16.

The company’s capital amounts to AED 78.9 million, distributed on 78.9 million shares at AED 1 per share.