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Orient Insurance’s board proposes AED 100m cash dividends

Orient Insurance’s board proposes AED 100m cash dividends
The proposed dividends equal AED 100 million
Orient Insurance
ORIENT
0.00% 1.87 0.00

Dubai – Mubasher: Orient Insurance’s board on Monday recommended the distribution of a 20% in cash dividends for 2017.

The proposed dividends equal AED 100 million, according to a company statement to the Dubai Financial Market (DFM).

The DFM-listed company reported a 14.8% increase in net profit during 2017, registering AED 360.263 million, compared to AED 313.847 million a year earlier.