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The board of directors of PADICO recommends cash dividends of 6%

2011-03-21

The board of directors of Palestine Development & Investment Company (PADICO) recommended in its meeting that was held on 21/03/2011 to its general assembly to distribute cash dividends to shareholders by 6%, the GA will be held on 16/05/2011. According to this dividends proposal; Payout Ratio reaches 40% and Dividend Yield amounts to 5%.