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Orient Insurance's shareholders agree on 40% dividend payout in 2020

Orient Insurance's shareholders agree on 40% dividend payout in 2020
The dividend distribution aggregates at a total amount of AED 200m
Orient Insurance
ORIENT
0.00% 1.87 0.00

Dubai - Mubasher: The ordinary general meeting (OGM) of Orient Insurance Co approved to pay out cash dividends, equivalent to 40% of the capital share, for fiscal year 2020.

The cash dividend distribution aggregates at a total amount of AED 200 million, according to a bourse filing on Thursday.

The shareholders have set the last entitlement date on 24 March and the ex-dividend date on 25 March.