Trade Arabia
Summary
Emirates Central Cooling Systems Corporation (Empower) said it has distributed cash dividends worth AED425 million ($118.4 million) - representing 42.5% of the company’s paid-up capital - to its shareholders for the period ended June 30, 2023.
The move marks the fulfillment of Empower's commitment to pay dividends to shareholders twice a year, with a cumulative value of AED850 million per annum during the first two fiscal years following its listing on Dubai Financial Market.
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