Economy Local March 03, 2025

Sukoon Insurance Approves 20% Dividend Distribution

The general assembly of Sukoon Insurance in Dubai approved a 20% cash dividend distribution for shareholders for 2024, totaling 92.37 million AED. The distribution date is March 28, 2025.


Sukoon Insurance Approves 20% Dividend Distribution

The last day to participate in the distribution of profits at Skoon Insurance will be March 6, 2025, the record date is March 10, and the distribution date is March 28. The general meeting of shareholders approved a dividend payment to shareholders in the amount of 20% (which constitutes 20 dirhams per share) from the capital for 2024 in the total amount of 92.37 million dirhams. The payment date will be within 30 days after the general meeting is held.

The last day to participate in the distribution of profits at Swaid Holdings, a subsidiary of ESG Stallions Emirates, will also be March 6, 2025, the record date is March 10. The general meeting of shareholders approved a dividend payment to shareholders in the amount of 176.2% (which constitutes 176.2 dirhams per share) from the capital for 2024 in the total amount of 90 million dirhams.