Riyadh – Mubasher: Al Jazira Takaful Taawuni Company’s ordinary general meeting (OGM) approved yesterday cash dividends at 50 halalas per share (5% of the capital), totalling SAR 17.5 million.
The dividend eligibility will be for shareholders registered till the end of trading on the OGM date. Dividends will be deposited into shareholders' accounts within two weeks from the approval date, according to a bourse filing released on Monday.
The dividend distribution is the first of its kind by the company since its establishment in 2013.
The stock closed Sunday’s session rising 0.1% to SAR 30.05.
