Dubai – Mubasher: Shareholders at Dubai-listed Al-Sagr National Insurance Company (ASNIC) approved on Monday a 10% cash dividend amounting to 10 fils per share for a total of AED 23 million, according to a bourse filing.

Shareholders registered as at 7 May will be entitled to the dividends, while the last day of participation has been scheduled to 5 May, the company said.

ASNIC reported a net profit of AED 56.1 million ($15.27 million) in 2014 compared to AED 50.8 million ($13.8 million) the year before.