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Dubai’s Drake & Scull Proposes No 2014 Dividend

Dubai’s Drake & Scull Proposes No 2014 Dividend

The company’s profit fell to Dhs100.7 million ($27.42 million) in 2014 from Dhs166.5 million a year earlier.

Dubai engineering firm Drake and Scull said on Tuesday its board had proposed paying no dividend for 2014.

The company’s profit fell to Dhs100.7 million ($27.42 million) in 2014 from Dhs166.5 million a year earlier. Drake and Scull last paid a cash dividend for 2011, which was Dhs0.03 per share, according to Reuters data.

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