Emaar Properties announces Dh4.4bn ($1.2bn) high dividend at its AGM on Apr 22, 2024, reflecting robust profitability.
Dubai-based Emaar Properties announced a high dividend of Dh4.4bn ($1.2bn) at its Annual General Meeting on April 22, 2024. Shareholders approved the 50 fils per share dividend, reflecting the company's robust profitability and commitment to shareholder returns. In 2023, Emaar achieved record-breaking group real estate sales of Dh40.3bn ($11bn), with revenues of Dh26.7bn ($7.3bn) and a net profit of Dh11.6bn ($3.2bn), representing a 7% and 70% growth respectively compared to the previous year.
April 22, 2024
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