Mubasher: The ordinary general meeting (OGM) of Bahrain Kuwaiti Insurance approved the board’s recommendation of distributing 30% cash dividends for fiscal year 2016.

The company, which is listed on both Boursa Kuwait and the Bahrain Bourse (BHB), will pay 30 fils per share to the entitled shareholders for FY16, with a total value reaching BHD 2.145 million ($5.64 million), according to a bourse statement issued on Thursday.