Etisalat to pay out Q2 interim dividends from August 11

05/08/2020 11:19 AST

UAE's leading telecom services operator Etisalat Group has announced that the interim dividend of 15 fils per share for the second quarter will be paid out starting from August 11 through the First Abu Dhabi Bank (FAB).

This comes in agreement with Abu Dhabi Securities Exchange (ADX), the exclusive agent to distribute the dividend of the companies listed in it.

The closure date for the record of shareholders who are eligible for dividends of the second quarter of 2020 ended today (August 3), said Etisalat in its filing to ADX.

The deadline for share purchase that entitles the shareholder for dividends had ended on July 28 and the date of exclusion from dividends payout was set for the next day.

According to Etisalat, FAB will distribute the dividends to the shareholders by depositing the dividends they are entitled to in their bank accounts.

Therefore, in order for shareholders to receive their dividends, they are requested to update their bank details, it added.


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