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Al Wathba approves dividends for 2015

Al Wathba approves dividends for 2015
Photo Credit: Al Wathba
AWNIC
AWNIC
14.37% 3.74 0.47

Abu Dhabi-Mubasher: The shareholders of Al Wathba National Insurance Company (AWNIC) will discuss the cash dividends for 2015, according to a bourse filing.

The proposed dividends stand at 7.50% of the company’s capital, equivalent to AED 15.525 million.

The shareholders will review the company’s budget, in addition to the profit and loss statement for 2015.

The meeting will also consider the acquisition of Vision Capital Brokerage Company.