Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels’ (NCTH) board approved the distribution of cash dividends for the first half of 2019.

The approved dividends amount to 10 fils per share, according to a bourse statement.

The board also nodded to the offering of 5% bonus shares, which will see the company’s capital increasing to AED 785.86 million.

NCTH posted an AED 55.52 million in net profit for the first half of 2019, compared to AED 49.88 million.