Mubasher: The ordinary general meeting (OGM) of Al Ahleia Insurance approved the recommendation of distributing 35% of capital as cash dividends for fiscal year 2016.
The company will pay 35 fils per share, with a total value of KWD 6.88 million, according to a bourse statement issued on Wednesday.
The shareholders also elected new board members for the coming three years.
During FY16, Al Ahleia’s earnings shrank 19.16% to total KWD 9.05 million when compared to KWD 11.19 million in FY15.
