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DUBAI, March 8 (Reuters) - Abu Dhabi-listed Etisalat has proposed paying a cash dividend of 0.4 dirhams ($0.11) per share for the second half of 2016, the telecom operator said in a bourse statement.
If approved by shareholders, this would bring its total payout for last year to 0.8 dirhams per share, Etisalat said.
For 2015, the firm also paid a cash dividend of 0.8 dirhams per share, including 0.4 dirhams for the second half of the year.
$1 = 3.6724 UAE dirham Reporting by Tom Arnold; editing by Jason Neely