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2011-04-03
The General Assembly of Palestine Telecommunications PALTEL approved in its meeting held on 31/03/2011 the distribution of cash dividend to shareholders by 40% of the share’s par value opposed the board"s recommendation to distribute 35%; dividends are for the registered shareholders in the company’s registry as at the end of trading session of Wednesday 30/03/2011, thus recording a dividend yield of 7.41% and a payout ratio of 61.54%.
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