Share

Dividend

Creating sustainable shareholder value is important to us and this continues to be demonstrated by the healthy dividends we pay to our shareholders. 

Our Dividend Policy ensures a minimum of 50% of profit after tax is returned to shareholders as dividends. Dividends are proposed or declared by the Board of Directors based on cash availability after meeting capital expenditure and other business requirements for future growth.   

Dividend payments by Dhiraagu may be made on an interim and annual basis in July/August and April/May of each year.


2013 [2] 2014 2015 2016 2017
Dividend
Interim - 341,545,559 367,840,000 449,920,000 452,960,000
Final 434,901,344 358,720,000 356,440,000 642,200,000 444,600,000
Total 434,901,344 700,265,559 724,280,000 1,092,120,000 897,560,000
Dividend (per share)
Interim - 4.50 4.84 5.92 5.96
Final 5.73 4.73 4.69 8.45 5.85
Total 5.73 9.23 9.53 14.37 11.81
Profit After Tax 483,361,000 700,569,000 724,523,000 840,016,000 897,560,000
Dividend payout % 90% 100% 100% 130% 100%


[1] The calculation based on all dividends declared and paid after January 2012.

[2] In April 2013, the financial year was changed from April/March to Jan/Dec. The reported period for 2013 was for 9 months ending 31st December 2013. An interim dividend was not declared during this period due to timing issues.
  • FAQ
Maldives Stock Exchange
Latest (in MVR)*
* Indicative price for trading.

Contact Us:
Company Secretary & Manager Investor Relations,
Dhiraagu Head Office, Ameenee Magu, P.O. Box 2082,
Male´ 20403, 
Republic of Maldives

Tel: +960 332 2802/+960 3311775

Email: 


CSR Report 2017



CSR Report 2016




CSR Report 2015




CSR Report 2014


CSR Report 2013


CSR Report 2012