Page 156 - SALIK PR REPORT APRIL 2024

4/3/24, 11:33 AM PRESSR: Salik’s AGM approves the distribution of AED 550mln of cash dividends — TradingView News
PRESSR: Salik’s AGM

approves the distribution

of AED 550mln of cash

dividends

Apr 2, 202417:52 GMT+4

Shareholders voted to approve the distribution of a cash dividend

equivalent to 7.3338 fils per share

Dubai, UAE: Salik Company PJSC (“Salik” or the “Company”), Dubai’s

exclusive toll gate operator, today concluded its Annual General

Meeting (AGM), chaired by His Excellency Mattar Al Tayer, Chairman

of Salik’s Board of Directors. Shareholders approved the Board of

Directors’ report on the Company’s activity and its financial

statements for the fiscal year ended on 31 December 2023, which

included the distribution of cash dividends amounting to AED

550,035,000 (equivalent to 7.3338 fils per share), representing 100%

of the net profit of the second half of the fiscal year ended on 31

December 2023.

The value of cash dividends distributable for the fiscal year 2023

amounted to AED 1,097,962,219 (equivalent to 14.6395 fils per

https://www.tradingview.com/news/reuters.com,2024-04-02:newsml_Zaw3VLPPJ:0-pressr-salik-s-agm-approves-the-distribution-of-aed-550mln-of-ca… 1/3