Dubai – Mubasher: National General Insurance (NGI) shareholders on Monday approved a cash dividend representing 25% of capital and totaling AED 37.5 million for the year 2014.

Profits can be received on 26 March, the company added in its filing to the Dubai Financial Market (DFM).

NGI reported a net profit of AED 79.63 million in 2014 compared to AED 125 million in 2013, registering a significant decline by 36.35%.

NGI’s capital amounts to AED 150 million divided on 150 million shares at par value of AED 1 per share.