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MIC approves distributing 2.50% cash dividends and 5.77% stocks dividends for the year 2020

2021-04-29

The general assembly of Al-Mashriq Insurance Company MIC approved in its meeting on 28/04/2021, raising the paid-up capital from $5.20 million to $5.50 million through distributing 5.77% stocks dividends for the year 2020. It also approved distributing 2.50% cash dividends for the year 2020, to record dividends yield of 0.83% based the price on the entitlement date.