DUBAI Feb 16 Du, the United Arab
Emirates' second biggest telecoms network operator, said on
Thursday it recommended a cash dividend of 0.21 UAE dirham
($0.0572) per share for the second half.
This will take the total proposed dividend payout for 2016
to 0.34 dirham per share, including a 0.13 dirham per share
dividend paid in October.
This compares to an annual dividend of 0.43 dirham per share
Du reported a 20 percent decline in fourth-quarter profit on
($1 = 3.6724 UAE dirhams)
(Reporting by Alexander Cornwell; Editing by Amrutha Gayathri)