Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Sharjah Insurance Co. approved the board’s proposal to distribute cash dividends of AED 9.63 million for 2019's earnings.
The approved cash dividends represent 7% of the company’s AED 137.5 million capital or 7 fils per share, according to statement to the Abu Dhabi Securities Exchange (ADX) on Sunday.
It is worth mentioning that in April 2019, the company’s shareholders agreed to distribute cash dividends of 7 fils per share or 7% of the share’s nominal value for 2018.
