Dubai – Mubasher: The board of Dubai National Insurance and Reinsurance has proposed to distribute 35% of the capital as cash dividends to shareholders for fiscal year 2019, according to the company’s disclosure to Dubai Financial Market (DFM) on Thursday.
The board recommended distributing cash dividends of 35 fils per share or a total of AED 40.43 million.
It is noteworthy to mention that in 2019, the company recorded net profits of AED 58.085 million, up from AED 52.661 million in 2018.
