Agthia distributes 8.25 fils per share as interim dividend

Abu Dhabi: «The Gulf»

Agthia Group held its annual general assembly meeting for the year 2021 in a virtual session. Following the meeting, the group announced that its shareholders had approved the board’s proposal to distribute interim cash dividends of 8.25 fils per share for the first half of 2021, with a total value of 65.31 million dirhams. This step comes in the wake of the group’s promising growth during the first half of the year, and in line with its growth strategy.

The interim dividend approved by the Group is the first dividend to be distributed on a semi-annual basis, and it is a best practice that allows investors to enhance the returns on their investments. This move also confirms the group’s growing and solid financial position, reinforced by the recent acquisitions that have been announced. The group confirmed that, according to its accurate assessment of its balance sheet, there is confidence in the group’s ability to continue distributing interim dividends to its shareholders, while maintaining and enhancing capital support, through the group’s strategic mergers and acquisitions.

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