Cairo – Mubasher: The ordinary general meeting (OGM) of Delta Insurance approved the board's proposal for distributing EGP 12.6 million or EGP 0.40 per share in cash dividends for fiscal year (FY) 2020/2021, representing 10% of the company's capital.
The dividends will be paid in two equal instalments at a value of EGP 0.20 per share each, the insurer said in a bourse disclosure on Thursday.
During FY20/21, the company logged consolidated net profits of EGP 232.23 million, compared to EGP 180.13 million a year earlier.