The board of directors of Dhiraagu has resolved to propose a full year dividend of over 58.5 million US dollars for shareholders. The full year dividend is 100 percent of the net profit of the largest telecommunication company in Maldives.
The net profit comprises of USD 29.3 million which was paid as interim dividend in 2018, and USD 29.2 million as the final dividend for 2018 which would be proposed for shareholder approval at the next annual general meeting, according to Dhiraagu. The company further said the full year dividend amounted to USD 0.77 per share for 2018.
Dhiraagu stated final dividend will be payable to all shareholders listed in the company's register on the book closure day announced for the next annual general meeting.