KINS
KINS
-0.95%
520.00
-5.00
KINS
Mubasher: The ordinary general meeting (OGM) of Kuwait Insurance approved the board’s recommendation to distribute 25% of capital as a cash dividend for fiscal year 2017.
The insurance services provider plans to pay 25 fils per share as dividends for FY17 at a total value of KWD 4.62 million, according to a bourse statement on Wednesday.
The dividends are expected to be distributed on 11 April to the shareholders of records on 4 April.
During FY17, Kuwait Insurance achieved a profit of KWD 8.1 million against losses worth nearly KWD 594,700 in the prior year.
Source:
Mubasher