Dubai – Mubasher: United Food Company (UFC) on Tuesday announced that its general assembly had approved to raise its cash dividends for the full-year 2018 to 25 fils a share.
The company increased the cash dividends to 25% of the share’s nominal value, totalling AED 7.56 million, instead of 10%, according to a filing to the Dubai Financial Market (DFM).
The company’s capital amounts to AED 30.25 million, distributed into 30.25 million shares at a par value of AED 1 a share.