Orient Insurance approves annual dividends

Abu Dhabi – Mubasher: Orient Insurance Company said its shareholders approved on Tuesday 20% cash dividends for fiscal year 2016, according to a bourse filing.

Total dividend payout will amount to AED 100 million ($27.22 million) for FY16.

The company’s capital amounts to AED 500 million, distributed on 5 million shares at AED 100 per share.

Mubasher Contribution Time: 01-Mar-2017 06:00 (GMT)
Mubasher Last Update Time: 01-Mar-2017 08:07 (GMT)