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Dar Al Takaful's shareholders approve 9% dividends for 2020

Dar Al Takaful's shareholders approve 9% dividends for 2020
The approved dividends stand at AED 0.092 per share
Dar Al Takaful
DARTAKAFUL
0.98% 1.03 0.01

Dubai – Mubasher: The shareholders of Dar Al Takaful have agreed to distribute cash dividends, equivalent to 9.2% of the company's capital, for 2020.

At AED 0.092 per share, the cash dividends total AED 13.8 million, according to the company's disclosure to the Dubai Financial Market (DFM) on Sunday.

During the ordinary general meeting (OGM), the shareholders have set the last entitlement date on 28 April and the payment date within one month from the OGM date.

It is noteworthy to mention that in 2020, the company's net profits attributable to the shareholders hiked to AED 22.64 million from AED 4.91 million in 2019.