By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
businesspressbusinesspressbusinesspress
Notification Show More
Font ResizerAa
  • Home
  • Interview
  • News
  • Press Release
  • Event
  • Real Estate
  • Finance
  • Technology
  • Business
  • Startups
Reading: Investcorp Capital Has Approved $115 Million in Dividends For 2024
Share
Font ResizerAa
businesspressbusinesspress
  • Home
  • Interview
  • News
  • Press Release
  • Event
  • Real Estate
  • Finance
  • Technology
  • Business
  • Startups
  • Home
  • Interview
  • News
  • Press Release
  • Event
  • Real Estate
  • Finance
  • Technology
  • Business
  • Startups
Have an existing account? Sign In
businesspress > Blog > Finance > Investcorp Capital Has Approved $115 Million in Dividends For 2024
FinanceNews

Investcorp Capital Has Approved $115 Million in Dividends For 2024

BusinessPress
Last updated: September 11, 2024 3:50 am
BusinessPress
Published September 11, 2024
Share
Investcorp Capital has Approved $115 Million in Dividends for 2024
SHARE

For the fiscal year that concluded on June 30, 2024, Investcorp Capital realised a net profit of $105 million instead of $113 million in 2023.

The company has met its goal of providing a minimum 8% dividend yield by approving $115 million in dividends, of which $60 million have been paid. This represents an annualised return of 13% for public shareholders since listing.

In a statement sent on Tuesday to the Abu Dhabi Securities Exchange, where its shares are traded, Investcorp Capital plc stated that the company’s gross operating income was $132 million instead of $126 million in 2023.

We are pleased to deliver an inaugural solid set of full-year results since our listing in November 2023, achieving a net profit of $105 million,” said Mohammed Alardhi, Chairman of Investcorp Capital. As evidenced by our redevelopment project at New York’s JFK International Airport Terminal 6, we have grown into the infrastructure asset class during the period and have paid our dividend distribution under our commitment to investors. As we celebrate our first full year of results as a listed company, I would like to thank all of our shareholders for their support. Additionally, I want to thank ADX, the Abu Dhabi Securities Exchange, for providing a top-notch business regulatory environment.

Also Read:

The Hidden Potential of Abandoned Projects: From Failure to World-Class Triumphs 

Factors to Watch Next Week: FIIs, Rate Cut, and Economic Data

You Might Also Like

Future Gold Price: $2,646 Provide Vital Support with Upcoming Inflation Data

Tesla’s Market Value Reaches $1 Trillion as Supporters of Musk-backed Trump become more optimistic

A Walking Guide That Will Assist You In Reaching Your Fitness And Health Objectives, Ranging From 3 To 90 Minutes

Dubai: On Saturday, Emirates will start operating flights to Heathrow

Can Google Make India a Hub for Mobile Phone Assembly, like Apple?

Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




Follow US

Find US on Social Medias
Facebook X-twitter Instagram Linkedin
Popular News
BusinessNews

Record Rainfall in The UAE: Real Estate Prices Soar in Areas that are Flood-Resistant

BusinessPress
BusinessPress
April 16, 2025
Empowering Seniors with Dignity and Purpose: Boyd Lowry as the CEO of FirstLight Home Care of Bergen County
Putin, The President of Russia, Supports the US Ceasefire Proposal for Ukraine
Wall Street’s record highs, European Stocks Continue to Rise
Car-tech Ban Is A Powerfultool Against Chinese Evs

Categories

  • Business
  • Crypto
  • Event
  • Fashion
  • Finance
  • Gaming
  • Health & Fitness
  • Interview
  • Lifestyle
  • Marketing
  • News
  • Opinion
  • Photography
  • Press Release
  • Real Estate
  • Science
  • Social Media
  • Software
  • Startups
  • Technology
  • Uncategorized
  • World
Reading: Investcorp Capital Has Approved $115 Million in Dividends For 2024
Share

About US

Business Press is an online media platform dedicated to providing valuable insights into the business world, covering a wide range of niches including technology, finance, marketing, health, artificial intelligence, events, software, cryptocurrency, and more. With a team of experienced journalists and industry experts, Business Press delivers the latest trends, analysis, opinion pieces, and exclusive interviews, catering to the needs of entrepreneurs, professionals, and business enthusiasts. The platform is committed to offering content that is informative, engaging, and thought-provoking, helping readers stay ahead in the ever-evolving business landscape.

Contact Now

sales@businesspress.online
+91.9899630849

© Business Press 2025. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?