Twelve banks operating on the stock exchanges of the UAE proposed to allocate dividends totaling up to 33.37 billion dirhams per share. This indicates that companies are ready to pay cash dividends to their shareholders.
"High dividends, paid by the largest banks in the UAE, testify to their sustainability and good financial position," the experts emphasized.
According to the research, the largest bank offered the largest amount of dividends, amounting to 10.9 billion dirhams, while the minimum amount of dividends from one of the banks was 329.3 million dirhams.
Investors and experts in the financial sector expect that high dividends offered by banks will make their shares more attractive to investors in the stock market.
