UAE - Insurance House's board recommends 4% dividends
Friday, 03 19 2021, Category: Insurance and Reinsurance, Country: U.A.E
The board of Insurance House (IH) has proposed to distribute cash dividends, representing 4% of the company's capital.
The total value of the cash dividend payout stands at AED 4.75 million, according to the company's disclosure to the Dubai Financial Market (DFM) on Thursday.
It is noteworthy to mention that in 2020, the company's net profits decreased to AED 10.885 million from AED 16.166 million in 2019.