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Al Ain Al Ahlia approves annual dividends

Al Ain Al Ahlia approves annual dividends
Total dividend payout amounts to AED 45 million for FY16 (Photo Credit: Arabianeye-Reuters)
Al Ain Ahlia Insurance
ALAIN
0.00% 30.00 0.00

Abu Dhabi – Mubasher: Al Ain Al Ahlia Insurance (AAAIC) said its shareholders approved 30% cash dividends or AED 3 per share for fiscal year 2016, according to a bourse statement.

Total dividend payout amounts to AED 45 million for FY16.

The company's capital amounts to AED 150 million, distributed on 15 million shares at AED 10 per share.