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PICO approves distributing 20% stocks dividends and 40% cash dividends for the year 2017

2018-05-06

The GA of Palestine Insurance Company PICO approved, in its meeting on 29/04/2018, raising the paid-up capital from $6.00 million to $7.20 million through distributing 20% stocks dividends for its shareholders. In addition to distributing 40% cash dividends for the year 2017, to record 13.29% dividends yield based on the price on the entitlement and 50% payout ratio based on the EPS of 2017. 

 


 

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