Dubai – Mubasher: Alliance Insurance on Tuesday announced that the company’s general assembly has approved distributing cash dividends worth 30 fils per share, representing 30% of the share’s nominal value, for the year ended 31 December 2018.
The Dubai-based insurer will pay total dividends of AED 30 million, according to a filing to the Dubai Financial Market (DFM).
The distributions will be paid on 18 April, the company said.
Alliance’s capital amounts to AED 100 million divided into 1 million shares at a par value of AED 1.
