Ooredoo proposes MVR 2.70 per share as 2021 dividend

An Ooredoo Maldives digital center. (Photo/Ooredoo)

Ooredoo Maldives’ Board of Directors has approved a divided of MVR 2.70 per share as dividend. 

All persons and legal entities registered as shareholders of the company by 2:00 pm on Thursday, February 17, are eligible for the 2021 dividend. 

Ooredoo’s BOD approved the dividend, audited financial statements and 2021 annual report in a meeting on Thursday, February 3. 

According to Ooredoo, the audited financial statements will be published before end of Tuesday, February 8, and the 2021 dividend, the audited financial statements and the annual report will be presented for approval of shareholders during the AGM scheduled to be held in March. 

Ooredoo said that the distribution of dividend will begin in March itself if approved by shareholders. 

The company said that the notice and agenda of the AGM will be published on the company’s website before end on Sunday, February 20, along with the date, time, venue, agenda items and general information on voting.