"Daman Investments PSC, one of the leading UAE-based regional investment management companies, has announced a record 14th consecutive quarterly dividend for its flagship Daman Second Emirates Fund.
The fund paid out a dividend for the 2nd quarter of 2013 of AED 1.5 translating into an annualised dividend yield of 4.75% as at the end of June 30, 2013. The NAV of the fund was AED 115.69 Daman Fifth Fund also paid out a dividend of AED 1.50 for the 2nd quarter of 2013 which equates to an annualised dividend yield of 4.2% and finally Daman Islamic Fund also paid out AED 1.50 equating to an annualised yield of 2.7%."
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