Shares in Emaar Properties are likely to open lower after the developer announced 2012 dividends that came in below expectations.
Emaar's board proposed a dividend of 10 fils per share, maintaining the payout at the same level it has been for the past two years. The developer, Dubai's largest listed firm by market value, closed at a 51-month high on Monday after rallying in recent sessions on expectations the payout would be higher.
Analysts say, at 10 fils per share, the dividend yield on Emaar is around 1.9 percent, making it among the lowest for UAE companies. This is likely to make the stock unattractive for investors chasing dividends.
Read more: http://www.arabianbusiness.com/emaar-shares-may-fall-after-dividend-disappointment-490950.html
Hello Everybody,
ReplyDeleteMy name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.