Dhiraagu to distribute USD 57.8 million as dividend

Dhiraagu, the leading digital services provider in the Maldives, has revealed USD 57.8 million will be distributed as dividend, establishing its highest share price in the past four years.
At the 29th Annual General Meeting, Dhiraagu set 0.76 U.S. dollars as the price share for this year. Dhiraagu revealed that shares would be available for shareholders that had registered before May 7.
Dhiraagu received USD 167.7 million as annual income, while USD 57.9 million was received as profit. This is the highest profit received by the company since 2013, which is an increase of 6.9% compared to 2016.
KPMG Company was assigned as the external auditor for the year, at the Annual General Meeting of Dhiraagu held at Kurumba Maldives.