Bahrain-Mubasher: Shareholders of Bahrain National Holding Co. approved cash dividend at 20% of capital, or 20 fils per share, totaling BHD 2.145 million.

The stock will trade ex-dividend starting from 18 March.

Chairman Farouk Almoayyed said his company has liquidated its 30%-owned Bahrain Emirates Insurance after failing to obtain the approval to open more branches in the UAE.

The company operates with BHD 11.35 million capital, divided into 113.5 million shares at BHD 0.1 par value each.