Dubai: The Middle East’s biggest F&B operator, Americana Restaurants, plans to issue dividends of $103.5 million for the July-December 2022 period, and in line with the guidance. The payout will be confirmed once shareholders give the necessary approval at the general assembly, the date for which is to be set.

This is the first dividend announcement since the company went through its IPO and dual listing on ADX and Saudi Tadawul.