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PICO proposes 20% stocks dividends and 50% cash dividends for the year 2017

2018-04-15

The board of directors BOD of Palestine Insurance Company PICO raised a recommendation to the general assembly GA, which will be holding an ordinary and extraordinary meetings on 27/04/2018, to raise the paid-up capital from $6.00 million to $7.20 million through distributing 20% stocks dividends for its shareholders. The BOD also recommended distributing 40% cash dividends for the year 2017.