Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Total dividends of listed companies for 2011 reach $140 million; ROI equals 6.97%

2012-07-08

With the end of the general assembly meetings for all the public shareholding companies that are listed in Palestine stock exchange, 18 companies out of 47 listed companies announced on distributing dividends to their shareholders for the fiscal year 2011. The Chief Executive of PEX Mr. Ahmad Aweidah disclosed that the amount of distributed dividends to shareholders for the year 2011 totaled at $139,886,741, distributed between cash dividends of $118,198,606 and bonus shares amounting to $21,688,134 million. He pointed out that the rate of return on investment to the market capitalization of the companies that distributed profits during the year 2011 reached to 6.97%.

Commenting on these data, Mr Aweidah indicated that the amount of the companies’ dividends of the listed companies this year was good and came almost with the distribution levels over the recent years, stressing out that the value of these distributions is linked to the performance of the listed companies for the year 2011. Aweidah recalled the good results achieved by the listed companies in the first quarter of 2012, with achieving  profits by 70% of the total companies in this quarter, adding that the value of the dividend for the financial year ended and the results of the first quarter of this year are promising good indicators of what is yet to come, especially with the anticipation for the financial results of the listed companies for the first half of this year, hoping to have results in the same level of expectations from investors and shareholders of listed companies.

In addition, from the fact of the dividends distribution of the public shareholding listed companies, Palestine telecommunications company PALTEL acquired to the highest value in terms of value distributions, where its cash dividends totaled JD 52,650,000, followed by Bank of Palestine’s distributions that totaled $ 21 million, including 9 million cash dividends and 14 million free shares. Palestine Development and investment PADICO holding ranked in third place by distributing cash dividends that amounted to $ 15 million. The remaining companies decisions varied between distribution of cash dividends or bonus shares or the both.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

2018-02-15
A momentum in the dividends proposals and varied financial performance for the blue-chips

2018-02-15
TNB posts net income of $9.20 million at the end of 2017

2018-02-15
AQARIYA posts net income of JD 0.39 million at the end of 2017

2018-02-15
PALTEL posts net income of JD70.53 million at the end of 2017

2018-02-15
PALAQAR records net income of JD3.77 million at the end of 2017

2018-02-15
GUI records net income of $3.77 million at the end of 2017

2018-02-15
PEC posts net income of $8.64 million at the end of 2017

2018-02-15
GMC posts net income of JD1.78 million at the end of 2017

2018-02-15
TIC records net income of $2.19 million at the end of 2017

2018-02-15
BJP posts net income of JD1.64 million at the end of 2017

2018-02-15
ISBK records net income of $14.53 million at the end of 2017

2018-02-15
PICO reports net income of $4.79 million at the end of 2017

2018-02-13
TRUST records net income of $5.43 million at the year 2017

2018-02-13
PSE reports net income 0.68 million at the year 2017

2018-02-13
BPC proposes 2.7% stocks dividends and 20% cash dividends for the year 2017

2018-02-13
ELECTRODE posts net income JD0.07 million at the year of 2017

2018-02-12
VOIC posts net income of JD6.83 million at the end of 2017

2018-02-11
APIC reports net income of $17.44 million at the end of 2017

2018-02-08
Inactivity state in the market with the approaching end of the disclosures’ period

2018-02-08
VOIC recommends 60% cash dividends for the year 2017

2018-02-07
QUDS posts net income of $11.18 million for the year 2017

2018-02-06
ARAB reports net income of JD0.05 million for the year 2017

2018-02-05
PCMA and JSC signed memorandum of understanding

2018-02-05
BOP proposes distributing 13.5% cash dividends for the year 2017

2018-02-05
Nasdaq and Palestine Exchange sign new market technology agreement

2018-02-05
BOP reports net income of $54.00 million at the end of 2017

2018-02-01
NAPCO records net income of JD0.46 million at the end of 2017

2018-02-01
Several transactions in the PEX and the companies have started their disclosures

 

 

 
Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013