Inovest to offer bonus shares
Shareholders of Bahrain-based Sharia-compliant investment company Inovest at its annual general meeting yesterday agreed to a dividend of seven per cent in bonus shares.
Inovest earned a net profit of $11.3 million last year compared to $91.2m
Inovest to offer bonus shares
Shareholders of Bahrain-based Sharia-compliant investment company Inovest at its annual general meeting yesterday agreed to a dividend of seven per cent in bonus shares.
Inovest earned a net profit of $11.3 million last year compared to $91.2m
Aramex seeks 10pc bonus share payout
Logistics firm Aramex said its board had recommended a distribution of 10 per cent bonus share for 2009, according to a statement on the bourse website on Wednesday.
The company will hold its ordinary annual general meeting on April 6, said Bas
Etisalat Board Approves 60% Cash Dividend, 1-for-10 Bonus Shares
Emirates Telecommunications Corp., the United Arab Emirates’ biggest phone company, said its board recommended a cash dividend of 60 percent of the face value of its shares for 2009.
The board also recommended distributing one bonus share for
Tags: 1-for-10, 60, Approves, board, bonus, cash, dividend, Etisalat, shares
India Inc offers 40% more bonus shares this fiscal
Issue of bonus shares by India Inc to its shareholders in the first 10 months of the fiscal has shot up 40% over the total during the
fiscal ended March ‘09, after declining for two straight years.
Partly attributed to the rise in stock mark
Tags: 40%, bonus, fiscal, Inc, India, more, offers, shares, this
QNB approves cash dividend, bonus shares
Qatar National Bank (QNB) announced that its Ordinary General Assembly has approved a cash dividend of 40 per cent of the nominal share value (QR4.0 for each share).
In addition, the board’s recommendation to issue bonus shares comprising 30 pe
Investors tepid towards bonus offers
The announcements of cash and stock dividends by a few UAE listed firms failed to enthuse investors as the good news was eclipsed by global and regional developments.
The market reaction to the corporate earnings has been very limited and the p
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