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NCTH shareholders approve annual dividends

NCTH shareholders approve annual dividends
Photo Credit: Arabianeye-Reuters
NCT&H
NCTH
-19.42% 1.66 -0.40

Abu Dhabi-Mubasher: Shareholders of National Corporation for Tourism and Hotels (NCTH) gave the go-ahead Tuesday on a dividends payout for 2015, according to a bourse statement.

The approval was given on 15% cash dividends, equivalent to 15 fils per share, with a total value of AED 81 million.

The shareholder also gave a nod to 5% bonus shares, thus increasing the company’s capital to AED 567 million.