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Palms Sports Rewards Shareholders with 56.7% Return on Share in Cash Dividends | premargin

Palms Sports Rewards Shareholders with 56.7% Return on Share in Cash Dividends

·ADX·General Disclosure | General Press Release·March 9, 2026·View on exchange

AI Summary

Palms Sports announced the distribution of AED 85 million in cash dividends to shareholders following its Annual General Assembly Meeting held on March 4, 2026.
The payout represents AED 0.567 per share, equivalent to 56.7% of the nominal share value.

This distribution marks the third consecutive year of dividends since the company's 2019 listing, with total payouts over the last three years reaching AED 235 million.

The total dividends distributed over the three-year period represent approximately 156% of the company’s paid-up capital.

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Palms Sports Rewards Shareholders with 56.7% Return on Share in Cash Dividends