Yahsat approves interim dividend of $55.84mln for H1

Emirates News Agency (WAM)/WAM

In a disclosure to the Abu Dhabi Securities Exchange, Yahsat said that the dividends are equivalent to 8.40% of the nominal value of the share

Esraa Esmail, WAM (Emirates News Agency)

PHOTO

ABU DHABI - The Board of Directors of Al Yah Satellite Communications Company (Yahsat) has approved the distribution of interim dividends of 8.40 fils per share for the first half of 2024.

In a disclosure to the Abu Dhabi Securities Exchange (ADX) on Tuesday, Yahsat said that the dividends are equivalent to 8.40% of the nominal value of the share, representing AED204,940,703 to be paid to the shareholders registered as at the closing of business day on Thursday, 12 September, 2024.

The Board approved the agenda of the company's General Assembly Meeting (GAM) and invited the GAM to convene on 26th September 2024 (or on any other date as may be agreed by the Securities and Commodities Authority).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.