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PALTEL approves distributing cash dividends of %35

2010-03-29

Palestine Telecommunications Company (PALTEL) has approved in its General Assembly Meeting on Sunday 28/03/2010 to distribute cash dividends of %35 ;  registered shareholders as the end of trading session of Thursday 25/03/2010 are entitled of JD 0.35 per share . .By this distribution, dividends yield would reach %6.18 and dividends payout ratio would reach %66.04.

Approved dividends’ ratios:

Symbol

Dividends

EPS 2009

Market Price

Dividends Yield

Dividends Payout

PALTEL

0.35

0.53

5.66

6.18%

66.04%

 

PALTEL’s main indicators for 2009 (JD):

Symbol

Net Income

Capital

Assets

Equity

Book Value

PALTEL

70,335,000

131,625,000

531,270,000

351,185,000

2.67

 

 


 

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