The Board of Directors of Response Plus Holding PJSC (ADX: RPM), the leading pre-hospital care and emergency medical services provider in the UAE and Saudi Arabia, announced a AED20 million dividend distribution to shareholders for the fiscal year ending December 31, 2023. This decision, ratified during the company's Annual General Assembly held on April 26, 2024, reflects Response Plus Holding's strong financial performance and commitment to rewarding investors.
The AED20 million payout translates to AED0.10 per share, representing a 10% distribution of the company's share capital. This positive news comes on the heels of Response Plus Holding's impressive growth trajectory in 2023. Dr. Rohil Raghavan, CEO of Response Plus Holding, attributed the dividend distribution to the company's continued success.
"We are delighted to announce this dividend payout to our shareholders," Dr. Raghavan said. "This decision underscores our commitment to rewarding their trust and investment in Response Plus Holding's growth journey. Our focus on operational excellence, amplifying investment returns, and improving customer satisfaction has been instrumental in achieving this strong financial performance."
The company's dedication to exceeding operational excellence is evident in its ongoing expansion efforts. Dr. Raghavan highlighted Response Plus Holding's plans to broaden its service offerings within the pre-hospital care sector while implementing cost-saving measures across the region.
Looking ahead, Response Plus Holding appears well-positioned for continued success. The AED20 million dividend distribution serves as a testament to the company's financial strength and its commitment to shareholder value. With a focus on operational excellence, strategic expansion, and customer satisfaction, Response Plus Holding is poised to maintain its leadership role in the pre-hospital care and emergency medical services market.
The positive financial performance and shareholder rewards signal Response Plus Holding's commitment to its stakeholders and its vision for future growth.