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ADNIC to discuss dividends late March

ADNIC to discuss dividends late March
The company’s capital amounts to AED 375 million (Photo Credit: Press Release)
ADNIC
ADNIC
-0.17% 5.81 -0.01

Abu Dhabi – Mubasher: Abu Dhabi National Insurance Co. (ADNIC) said its shareholders will discuss on Thursday, 28 March, to propose 15% of cash dividends, or 155 fils per share, according to a bourse filing.

A total of AED 56.25 million worth of dividends are recommended to be distributed.

The company’s capital amounts to AED 375 million, distributed on 375 million shares at AED 1 per share.