UAE property investment and real estate services company Union Properties PJSC will pay out dividend for 2004 to shareholders of record on March 2, 2005, the company said in a statement. The company has set the ex-dividend date for February 28, 2005.
A public company since 1993, Union Properties has been growing by 20% per year for several years and will soon be listed on the DIFX, making its shares available for purchase by international investors. Union Properties is also looking to double its capital over the next few months.
