Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Omani listed companies expected to pay dividend of USD875m  Join our daily free Newsletter

MENAFN - 02/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN) Dividend payout in Omani listed companies is expected to hit USD875.5 million this month, Times of Oman reported



The payout is expected to up trading activity as almost half of the money is projected to come back to the local bourse as reinvestment



Head of Research at Gulf Baader Capital Markets said: "The overall estimated dividend payout of Omani companies for 2013 is to the tune of OMR338 million (USD875.5m), which indicates a 10 per cent growth over OMR290 million (USD751.2m) paid by the companies in 2012.



The dividend payout ratio on the Muscat Securities Market is around 50 percent as profit by the listed companies must have came at a combined net profit of around USD2 billion

 


MENAFN




  MENA News Headlines
 Sep 16 2014 - Investcorp acquire USD250m US property propertiesMENAFN
(MENAFN) Bahrain's Investcorp, an alternative investment manager, announced it had acquired a portfolio of office and industrial property assets in three cities in the United States for around USD250 ...

 Sep 16 2014 - Dubai's RTA to invest USD544m in 2 projectsMENAFN
(MENAFN) Dubai's RTA announced it is planning to invest in the construction of two new road projects in the Creek area of the city in order to ease traffic congestion, Arabian Business reported.The ...

 Sep 16 2014 - Egypt reaches USD8.5bn funding goal for Suez Canal projectMENAFN
(MENAFN) Egypt announced it has raised the USD8.5 billion needed to fund its project of expanding the Suez Canal which aims at expanding trade along what is the fastest shipping route between Europe ...

 Sep 16 2014 - GCC Secretary General Receives President of the National Committee for Human Rights in QatarSaudi Press Agency
(MENAFN - Saudi Press Agency)  Secretary General of the Gulf Cooperation Council (GCC) Dr. Abdullatif bin Rashid Al-Zayani met with President of the National Committee for Human Rights in the State ...

 Sep 16 2014 - Egyptian President Meets with Arab Ministers of Labor and Social AffairsSaudi Press Agency
(MENAFN - Saudi Press Agency)   Egyptian President Abdel Fattah al-Sisi met here today with Ministers of Labor and Social Affairs of Arab countries.During the meeting, they discussed the situation of ...

 Sep 16 2014 - Minister of Interior to Sponsor the 17th International Conference and Exhibition for Industrial SecuritySaudi Press Agency
(MENAFN - Saudi Press Agency)  Prince Mohammed bin Naif bin Abdulaziz, Interior Minister who is also President of the Supreme Commission for Industrial Security, will sponsor the 17th International ...

 Sep 16 2014 - RCA's Standing Committee of the International Law President Holds 10th MeetingSaudi Press Agency
(MENAFN - Saudi Press Agency)   Standing Committee for International Humanitarian Law held here today its 10th meeting under the chairmanship of Prince Faisal bin Abdullah bin Abdulaziz, President of ...

 Sep 16 2014 - Yemeni Minister of Petroleum and Minerals Meets with US officialSaudi Press Agency
(MENAFN - Saudi Press Agency)  Yemeni Minister of Petroleum and Minerals Hussein Rasheed met here today with U.S. ambassador to Yemen Mathio Toller.During the meeting, they discussed economic and ...

 Sep 16 2014 - White House Says U.S. Prefers U.K. Remain IntactSaudi Press Agency
(MENAFN - Saudi Press Agency)  The White House said Monday that the United States would respect the outcome of the vote on Scottish independence but would prefer that the United Kingdom remain ...

 Sep 16 2014 - Saudi Arabia elected Chairman of the Membership Committee at the Arab Labor ConferenceSaudi Press Agency
(MENAFN - Saudi Press Agency)  The Kingdom of Saudi Arabia has been elected as Chairman of the Membership Committee at the Arab Labor Conference, currently taking place in Cairo.At the first meeting ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help