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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:

PALTEL’s main indicators for 2009 (JD):