Al Dhafra Insurance nods to FY16 dividends

Mubasher: The ordinary general meeting (OGM) of Al Dhafra Insurance Company approved the board’s recommendation of distributing a cash dividend of 15% for fiscal year 2016.

The company will pay 15 fils per share to the entitled shareholders with a total value of AED 15 million, according to a bourse statement issued on Tuesday.

During FY16, the UAE firm suffered a loss of AED 23.81 million as compared to AED 81.7 million in FY15.

Mubasher Contribution Time: 21-Mar-2017 13:06 (GMT)
Mubasher Last Update Time: 21-Mar-2017 13:13 (GMT)