{"id":112016,"date":"2019-10-30T18:32:00","date_gmt":"2019-10-30T11:32:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/major-dubai-property-developer-pulls-dividend-payouts-amid-slump-admits-it-doesnt-have-the-cash\/"},"modified":"2019-10-30T19:17:58","modified_gmt":"2019-10-30T12:17:58","slug":"major-dubai-property-developer-pulls-dividend-payouts-amid-slump-admits-it-doesnt-have-the-cash","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/major-dubai-property-developer-pulls-dividend-payouts-amid-slump-admits-it-doesnt-have-the-cash\/","title":{"rendered":"Major Dubai property developer pulls dividend payouts amid slump, admits it doesn't have the cash"},"content":{"rendered":"


\nThe decision comes after Damac reported an 87% plunge in second quarter profits. Housing oversupply in Dubai has driven prices down at least a quarter since 2014.
\n
\nSource : cnbc.com
\nRead more…Major Dubai property developer pulls dividend payouts amid slump, admits it doesn’t have the cash<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The decision comes after Damac reported an 87% plunge in second quarter profits. Housing oversupply...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-112016","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-t8I","jetpack-related-posts":[{"id":93897,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-emaar-puts-1-4bn-in-assets-on-sale-amid-downturn\/","url_meta":{"origin":112016,"position":0},"title":"Dubai developer Emaar puts $1.4bn in assets on sale amid downturn","date":"July 16, 2018","format":false,"excerpt":"\r Property slump leads group behind Burj Khalifa to turn to fundraising\r \r Source : ft.com\r Read more...Dubai developer Emaar puts .4bn in assets on sale amid downturn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8650,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-emaar-proposes-15-share-dividend\/","url_meta":{"origin":112016,"position":1},"title":"Dubai developer Emaar proposes 15% share dividend","date":"March 20, 2016","format":false,"excerpt":"\r The payout is in line with previous years and follows stalled quarterly profits for the developer\r \r Source : arabianbusiness.com\r Read more...Dubai developer Emaar proposes 15% share dividend","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54093,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emirates-reit-reports-lower-first-quarter-profit\/","url_meta":{"origin":112016,"position":2},"title":"Emirates Reit reports lower first-quarter profit","date":"May 9, 2017","format":false,"excerpt":"\r Net profit at Emirates Reit, the UAE's first listed real estate investment trust, fell by 36.3 per cent in the first three months of this year compared with a year ago because of a slump in valuation gains.According to a company statement on Nasdaq Dubai, net profit for the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-plans-15-per-cent-cash-dividend-payout-for-second-half-of-year\/","url_meta":{"origin":112016,"position":3},"title":"Damac plans 15 per cent cash dividend payout for second half of year","date":"March 7, 2016","format":false,"excerpt":"\r \r The Dubai-based developer Damac Properties proposes to pay a 15 per cent cash dividend for the second half of last year, bringing the total to 25 per cent for the year. The company is recommending that shareholders approve the 15 per cent dividend payment at its forthcoming annual\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47017,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-shares-in-sharpest-fall-in-more-than-eight-months-as-dividend-disappoints\/","url_meta":{"origin":112016,"position":4},"title":"Emaar shares in sharpest fall in more than eight months as dividend disappoints","date":"March 7, 2017","format":false,"excerpt":"\r Shares in Emaar Properties suffered their biggest fall in more than eight months on Tuesday as Dubai's biggest listed property developer disappointed investors with a dividend of 15 fils per share.Emaar shares fell 3.8 per cent in the day's trading. It was their biggest fall since June 26, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47019,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-shares-in-sharpest-fall-for-more-than-eight-months-as-dividend-disappoints\/","url_meta":{"origin":112016,"position":5},"title":"Emaar shares in sharpest fall for more than eight months as dividend disappoints","date":"March 7, 2017","format":false,"excerpt":"\r Shares in Emaar Properties suffered their biggest fall in more than eight months on Tuesday as Dubai's biggest listed property developer disappointed investors with a dividend of 15 fils per share.Emaar shares fell 3.8 per cent in the day's trading. It was their biggest fall since June 26, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112016"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=112016"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112016\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}