Gulf Capital Board of Directors Approves Dividend

Published June 6th, 2010 - 07:31 GMT
Al Bawaba
Al Bawaba

The Board of Directors of Gulf Capital convened on Saturday June 5th 2010, reviewed the solid financial performance of the Company and approved the proposal of a cash dividend of 50 fils per share, which is the equivalent of a 5% dividend yield on the nominal share price. The cash dividend is subject to the approval of the Shareholders at the annual General Assembly Meeting that will be held on June 16th 2010 at 5pm at the Shangri-La Hotel in Abu Dhabi.