INSEAD Day 4 - 728x90

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Response Plus declares dividend

  • The shareholders registered in the company’s book on the 5th of January 2023 will receive 0.25 fils per share
  • The Board of Director's decision comes as a result of the recent amendments made to the Articles of Association of Response Plus

Abu Dhabi, UAE–The Response Plus Holding has declared $12.79 million in interim dividends to its shareholders at a board meeting today.

The shareholders registered in the company’s book on the 5th of January 2023 will receive 0.25 fils per share.

Also read: Response Plus Holding of UAE posts net profit of $10.9m

The Board of Director’s decision comes as a result of the recent amendments made to the Articles of Association of Response Plus, according to which the Board of Directors was granted the authority to distribute interim dividends, in line with the shareholder-friendly policy of dividends distribution approved simultaneously with the mentioned amendments.

Major Tom Louis, CEO of Response Plus Holding commented: “We owe this achievement to the continuous trust and support of our customers, as well as to the visionary decision of Dr. Shamsheer Vayalil – Chairman of Response Plus Holding Group – and the esteemed members of the Board of Directors. Distributing interim dividends worth AED50 million to shareholders is also part of Response Plus Holding’s commitment towards safeguarding its shareholders’ benefits.”

Also read: Response Plus Holding of UAE posts net profit of $10.9m

Response Plus Holding Private Joint Stock Company operates as a holding company. The Company, through its subsidiaries, provides doctors, nurses, paramedic, and allied medical services to oil and gas industries, events, construction sites, educational institutions, airport, and seaports in various regions.

It serves clients in the United Arab Emirates.