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APIC approves raising the authorized capital to $100 million, distributing 7.14% stocks dividends and 7.14% cash dividends for the year 2017

2018-05-06

 The GA of the Arab Palestinian Investment Company APIC approved, in its ordinary and extraordinary meetings on 02/05/2018, raising the authorized capital from $70.00 million to $100.00 million, and raising the paid-up capital to $75.00 million through distributing 7.14% stocks dividends for its shareholders. In addition to distributing 7.14% cash dividends for the year 2017, to record 3.17% dividends yield based on the price on the entitlement and 42% payout ratio based on the EPS of 2017.