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Al Buhaira National Insurance to pay 10% dividends

Al Buhaira National Insurance to pay 10% dividends
Al Buhaira National Insurance's headquarters (Photo Credit: Company website)
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Abu Dhabi-Mubasher: Al Buhaira National Insurance Co’s shareholders agreed on distributing 10% cash dividends of the capital for the fiscal year 2015, with a total of AED 25 million ($6.81 million), according to an issued statement.

During FY15, the UAE firm achieved a growth of 32.2% profits to AED 50.5 million ($13.75 million) as compared to AED 38.21 million ($10.4 million) in FY14.

On the stock market’s level, Al Buhaira was last traded on 26 April when it fell by 3.7% to AED 2.34.