Page 137 - SALIK PR REPORT APRIL 2024

4/3/24, 11:32 AM Salik Will Pay Out A Cash Dividend Of Dh550 Million In The Second Half Of 2023 - The Emirates Times
Salik Will Pay Out a Cash

Dividend of Dh550 Million in

the Second Half of 2023

April 2, 2024 in Gulf News, UAE 0 0 0

On Tuesday, the exclusive toll gate operator in Dubai, Salik Company PJSC, said Dh550,035,000, or

7.3338 fils per share, in cash dividends, would be distributed. This figure represents 100% of the net profit

for the second half of the fiscal year, which ends on December 31, 2023.

The choice was made during the business’s Annual General Meeting (AGM), which was presided over by

Mattar Al Tayer, the chairman of Salik’s board of directors. The shareholders approved the Board of

Directors’ report on the Company’s activities and its financial statements for the fiscal year that ended on

December 31, 2023. Included in the report was the value of cash dividends distributable for the fiscal year
2023, which came to Dh1,097,962,219 (or 14.6395 fils per share), or roughly 100% of the distributable net

profit for 2023.

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