Mubasher TV
Contact Us Advertising   العربية

Dar Al Takaful's OGM approves AED 5m dividends

Dar Al Takaful's OGM approves AED 5m dividends
The dividend payout is subject to the approval of the SCA
WATANIA
WATANIA
-0.67% 0.59 -0.00

Dubai – Mubasher: The ordinary general meeting (OGM) of Dar Al Takaful has approved to pay out cash dividends equivalent to 3.27% of the capital for 2019.

The cash dividends stand at 3.27 fils per share, aggregating at a total amount of AED 4.9 million, according to the company's disclosure to the Dubai Financial Market (DFM) on Thursday.

The dividends distribution is subject to the approval of the Securities and Commodities Authority (SCA).

It is noteworthy to mention that in the first half (H1) of 2020, the company achieved net profits of AED 5.5 million compared to the same period of 2019.