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Sharjah Insurance OKs 10% dividends

Sharjah Insurance OKs 10% dividends
Photo Credit: Arabianeye-Reuters
SICO
SICO
1.33% 1.52 0.02

Abu Dhabi – Mubasher: Sharjah Insurance Company (SICO)  shareholders approved the general budget, profit and loss accounts as well as a 10% cash dividend, amounting to AED 0.10 per share and totalling AED 13.75 million, the company said in a bourse filing Wednesday.

The board of directors was re-elected and auditors for 2015 were appointed.

SICO reported a profit of AED 5.689 million in 2014 compared to AED 5.349 million in 2013.