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Dubai-listed Emirates Central Cooling Systems Corporation (Empower) will distribute cash dividends of AED 425 million ($115.72 million) to its shareholders for the period ending on June 30, 2023.
The dividends will be at AED 0.0425 per share, representing 42.5% of the company’s paid-up capital. The payment will be made in October.
In April 2023, the company distributed AED 425 million in dividends for the second half of 2022.
(Writing by Seban Scaria; editing by Daniel Luiz )
(seban.scaria@lseg.com)