Gulf Insurance Group’ ordinary general meeting approved a cash dividend of 33% or 33 fils per share for the fiscal year 2014.
The KSE-listed group posted earnings worth KWD 12 million in 2014, compared to KWD 10.2 million in 2013, rising by 17.7%.
Gulf Insurance’s ex-dividend date starts on Wednesday, 1 April.
The firm’s capital stands at KWD 18.70 million, distributed on 187 million shares with a par value of 100 fils a share.