By: Ahmad Awad
Kuwait-Mubasher: Kuwait Insurance’s ordinary general meeting agreed on distributing the 20% cash dividends recommended by the board for the fiscal year 2015.
The Kuwait-listed company will pay 20 fils per share to shareholders.
Kuwait Insurance achieved profits worth KWD 5.7 million ($18.8 million) in FY15, compared to KWD 5.14 million ($17 million) in FY14.
On the stock market, Kuwait Insurance fell by 7.46% to 310 fils before closing Wednesday’s session, as about 11,900 shares were traded at KWD 3,700.
