Gulf Insurance’s shareholders approve FY15 dividends

By: Ahmad Awad

Kuwait-Mubasher: Gulf Insurance Group will pay 40 fils per share to shareholders as dividends for the fiscal year 2015.

The company’s ordinary general meeting has agreed on the board’s proposal of distributing 40% cash dividends of the capital, with an overall value worth KWD 7.4 million according to Mubasher’s calculations.

The insurance firm achieved earnings worth KWD 14.1 million in the fiscal year 2015, compared to KWD 12 million in FY14; a growth of 17%.

 

MUBASHER Contribution Time: 28-Mar-2016 08:59 (GMT)