Maldives telecommunication corporation Dhiraagu has set plans of distributing their dividends at MVR 11.81 per share, the decision has been agreed by the company's board for their next AGM.
The company has decided to distribute in dividends their net profit of MVR 897.6 million in 2017 at their next annual general meeting, which was approved by the board of directors.
The company had distributed a total of MVR 453 million as interim dividend on 2017 - MVR 5.96 per share - and for the year-end dividend at MVR 445 million, which was MVR 5.85 per share.
According to Dhiraagu their final dividend will be distributed among the company's shareholders who had registered and bought shares before their 'book closure date.'
The local telecommunication giant had distributed a progressive dividend among the company's shareholders in 2017, with a total of MVR 4.9 billion reported to be distributed in total.
