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NIC approves distributing 25% cash dividends and 25% stocks dividends for the year 2017

2018-04-04

the general assembly of the National Insurance Company NIC approved, in its ordinary and extraordinary meeting on 29/03/2018, raising the paid up capital from $12.00 million to $15.00 million through distributing 25% stocks dividends for its shareholders. In addition, the GA also approved distributing 25% cash dividends for the year 2017, to record 5.49% dividends yield based on the entitlement date and 38.94% based on the EPS of 2017.

 


 

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