RAK Ceramics PJSC approved the Board of Directors' recommendation regarding the distribution of cash dividends to shareholders at the rate of 10 fils of the company's paid-in capital for the second half of the fiscal year ending on December 31, 2021 amount of AED 99,370,395.80, knowing that 10 fils per share has been paid in October 2021 for the first half of 2021 amount of AED 99,370,395.80, making the total amount to be paid for the year 2021 is 20 fils per share. The new dividend policy had been discussed in the BOD report, stipulates a minimum dividend payout of 20 fils annually for Fiscal Year 2022 to be paid on a semi-annual basis and also provides for a commitment to pay a minimum dividend of 60 fils over the next 3 years [i.e.,2022-2024]. The revised dividend policy will be subject to factors such as business outlook, capital.