Riyadh - Mubasher: The board members of Gulf Insurance Group (GIG) recommended cash dividends amounting to SAR 63 million for 2025, according to a bourse filing.
GIG will pay out a dividend of SAR 1.20 per share, equivalent to 12% of the share’s nominal value, for 52.50 eligible shares.
Meanwhile, the distribution date will be confirmed after the approval of the general assembly, which will be announced later after obtaining all the approvals from the relevant authorities.
The Saudi group achieved 28.51% higher net profits after Zakat attributable to the owners at SAR 126.18 million, compared to SAR 98.19 million in 2024.
