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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.  

Since becoming a public listed company Dhiraagu has returned MVR. 3.2bn[1] , as cash dividends.    

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

2011/2012 2012/2013 2013 [2] 2014 2015
Dividend
Interim 409,920,000 329,618,162 - 341,545,559 367,840,000
Final 277,333,901 374,760,557 434,901,344 358,720,000 356,440,000
Total 687,253,901 704,378,719 434,901,344 700,265,559 724,280,000
Dividend (per share)
Interim 5.41 4.35 - 4.5 4.84
Final 3.66 4.94 5.73 4.72 4.69
Total 9.07 9.29 5.73 9.22 9.22
Profit After Tax 633,991,000 598,561,000 483,361,000 700,569,000 724,523,000
Dividend payout % 108% 118% 90% 100% 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.
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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 2015



CSR Report 2014


CSR Report 2013

  • CSR Report 2012