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Emirates Reit to pay dividend.

The proposed interim dividend will be subject to shareholder approval at the Reit's upcoming General Meeting on January 26, 2015.

Emirates Reit (CEIC), the first Shariah-compliant regulated Real Estate Investment Trust incorporated in the Dubai International Financial Centre (DIFC) and listed on Nasdaq Dubai, announced its proposal to pay an interim dividend in relation to 2014 of $11.98 million or $0.04 per ordinary share to those shareholders on the register at 2pm on January 21, 2015.

This is the first dividend payment relating to the year 2014, as Emirates Reit intends to distribute a dividend to its shareholders twice a year: this interim dividend in January 2015 and a final dividend in June 2015.

The proposed interim dividend will be subject to shareholder approval at the Reit's upcoming General Meeting on January 26, 2015.

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Publication:Khaleej Times (Dubai, United Arab Emirates)
Geographic Code:7UNIT
Date:Dec 25, 2014
Words:150
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