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Al Buhaira Insurance to discuss dividends late April

Al Buhaira Insurance to discuss dividends late April
Al Buhaira to decide on dividends 30 April (Photo Credit: Arabianeye-Reuters)
ABNIC
ABNIC
-1.32% 3.00 -0.04

Abu Dhabi-Mubasher: The shareholders of Al Buhaira National Insurance Co. (ABNIC) will discuss on 30 April cash dividends proposed by the board at 10% of capital for 2015, according to a bourse statement.

The dividend payout stands at a total of AED 25 million.

The shareholders will also discuss, during their ordinary general meeting (OGM), the company’s balance sheet, and profit and loss statement for 2015.