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MIC approves distributing 2.50% cash dividends and 14.29% stocks dividends for the year 2022

2023-04-18

The general assembly of Al-Mashriq Insurance Company MIC approved in its meeting on 13/04/2023 distributing 2.50% cash dividends for the year 2022, to record dividends yield of 0.81% based on the price on the entitlement date. It also approved distributing 14.29% stocks dividends for the year 2022, to raise the paid-up capital from $7.00 million shares to $8.00 million shares.