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FINANCIAL NEWS
Dubai-based DU confirms USD160mn of dividend in H1
16 Sep 2017
(MENAFN) Dubai-based Emirates Integrated Telecom Co. (du) confirmed an interim cash dividend distribution of USD160.44mn for the first half of this year.
Accordingly, the interim dividend shows its progressive dividend policy, which aims to balance the investment needs of the business.
Moreover, shareholders recorded on the firm”s share book on the trading date ended Sep 20 and settlement on Sep 24 will be entitled to receive the interim dividend payout.
In addition, total revenue growing by 6.2 percent to Dh3.3bn, of which mobile revenue grew by 5.2 percent to Dh2.3bn.
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MENAFN1609201700450000ID1095865643
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