Doha – Mubasher: Al Khaleej Takaful Group set 21 March for its ordinary general meeting, the company announced on Wednesday.

The meeting will discuss a proposal by the company’s board of directors to distribute cash dividends at 10% of the capital, equivalent to QAR 1 per share, for the fiscal year 2015.

The OGM earlier approved cash dividends at 15% and 15% bonus shares for the fiscal year 2014.

Al Khaleej’s profit declined in the fourth quarter of 2015 by 42.1% to QAR 11.18 million, versus QAR 19.3 million in the same period of 2014.

The Qatar listed company’s share slipped 0.32% to QAR 25.07 on Wednesday.