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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.

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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.

Source: Mubasher
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