Dubai: The Dubai toll operator Salik will distribute all of its available net profit of Dh491.4 million generated in the second-half of 2022 as dividend. This is the tally that will be there for shareholders after a one-off Dh37.5 million deduction to the statutory reserves. The dividend will be paid April 27.

The eligibility date for the dividend is April 13. This was confirmed after Salik held its first AGM since turning into a public listed company and with a high profile on the DFM.

“Among key resolutions passed is the Board of Directors’ proposal to distribute 100 per cent of Salik’s net profit of the second-half of 2022, marking the beginning of our commitment to ensuring tangible return and long-term value to our shareholders,” said Ibrahim Al Haddad, CEO. “We are committed to delivering on our promises and taking our business to new heights.”