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NGI board proposes 10% cash dividends

NGI board proposes 10% cash dividends
Photo Credit: Arabianeye-Reuters
NGI
NGI
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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.