KSA - Al-Etihad Ins. board to withhold dividend for 2019
Monday, 03 16 2020, Category: Insurance and Reinsurance, Country: Saudi Arabia
Al-Etihad Cooperative Insurance Co.’s board of directors recommended dividend freeze for fiscal year 2019, it said in a bourse filing.
The move aims to strengthen the company’s financial position.
The decision is pending the approval of the general assembly, the statement noted.