NGI board proposes 10% cash dividends

Dubai-Mubasher: National General Insurance Co. (NGI) said that its board recommended in its meeting on Monday a 10% cash dividend or 10 fils per share payout for the fiscal year 2015, totalling AED 15 million, according to a bourse filing.

The company’s capital amounted to AED 149.954 million, distributed on 149.954 million shares.

The annual general meeting will be held on 20 March to discuss the board’s recommendations.

Mubasher Contribution Time: 16-Feb-2016 06:15 (GMT)