Dubai-Mubasher: Orient Insurance Company said that its shareholders gave the go-ahead to distribute 20% dividends or AED 20 per share for the fiscal year 2015, totalling AED 100 million, according to a bourse filing on Wednesday.
During their meeting on 24 February, the shareholders approved the FY15 financial statements.
The company’s capital amounts to AED 500 million, distributed on 5 million shares at AED 100 par value each.