Page 65 - AAE PR REPORT - March 2024_Neat

3/21/24, 10:10 AM Al Ansari Financial Services to pay $81.6mln dividends for H2-23

A woman uses her camera near a trading board at the Dubai Stock Exchange in the Dubai World Trade Center. Ahmed Jadallah,
Reuters Image for illustrative purposes.
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DIVIDEND
Al Ansari Financial Services to pay $81.6mln

dividends for H2-23

The DFM-listed company will pay out a dividend of AED 300 million, bringing the total
amount of the full-year dividends to AED 600 million, according to a press release

Staff Writer, Mubasher

March 20, 2024

The annual general assembly of Al Ansari Financial Services approved the board’s recommendation
to distribute a cash dividend of 4 fils per share for the second half (H2) of 2023.

The DFM-listed company will pay out a dividend of AED 300 million, bringing the total amount of the
full-year dividends to AED 600 million, according to a press release.

The approved cash dividend aligns with the dividend policy set out in the initial public offering (IPO)

prospectus, in which Al Ansari Financial Services is committed to paying a total dividend amount of
AED 600 million annually.

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