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Palestine Telecommunications recommends distributing 50% cash dividends for the year 2013

2014-02-13

The board of directors of Palestine Telecommunications PALTEL recommended, in its meeting on 12/02/2014, distributing 40% cash dividends for the year 2013 and 10% exceptional cash dividends from the company’s investments in 2013, to total 50% cash dividends distributions for the company’s shareholders as for the general assembly meeting date that will be determined later.  According to the distribution percentage, PALTEL records dividends yield of 7.59% based on the current market price.