Abu Dhabi-Mubasher: Shareholders of Emirates Insurance Company (EIC) approved on Wednesday the distribution of cash dividends and bonus shares at 61% of capital for 2015, according to a bourse filing.
Shareholders agreed to distribute 50% dividends or 50 fils per share, totalling AED 67.5 million.
During their ordinary general meeting, shareholders also gave a nod to 15 million bonus shares, equivalent to 11% of capital.
As a result, the company’s capital will rise from AED 135 million to AED 150 million.
