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APIC recommends distributing 6.67% stocks dividends and 10.48% cash dividends for the year 2021

2022-03-30

The board of directors of the Arab Palestinian Investment Company APIC recommended to the general assembly, which will be holding a meeting on 09/05/2022, raising the paid-up capital from $105.00 million to $112.00 million through distributing 6.67% stocks dividends for the year 2021. Also, the board of directors raised a recommendation to distribute 10.48% cash dividends for the year 2021, to record dividends yield of 2.91% based on the current market price.