News Column

Al Masah pays fourth straight cash dividend

June 11, 2014

Al Masah Capital continues to set new benchmarks in performance as it offers a fourth consecutive $2 dividend payout for all of its investors through its Mena Dividend Fund.

Launched a year ago, the fund successfully targeted a payout of an eight per cent annual dividend in four quarterly payments. Total performance for the fund for the full year came in at 26 per cent.

"We have achieved our first year objective of paying out consistent quarterly dividends and setting a new standard of excellence," Al Masah Capital CEO Shailesh Dash said. "In addition to having a globally recognised infrastructure this fund was designed with a specific investment strategy in mind. Mena markets enjoy one of the highest dividend yields in the world with an average of four to five per cent."

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Source: Khaleej Times (United Arab Emirates)

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