Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Abu Dhabi National Insurance Company (ADNIC) has approved a cash dividend distribution, equivalent to 40% of the capital, for 2021.
The cash dividend payout stands at AED 0.40 per share, aggregating at a total value of AED 228 million, according to a press release on Wednesday.
It is noteworthy to mention that in 2021, the net profits of ADNIC increased by 8.3% to AED 401.8 million, compared to AED 370.996 million in 2020.
