Riyadh - Mubasher: The board of the Company for Cooperative Insurance (Tawuniya) recommended cash dividends valued at SAR 300 million, representing 20% of the capital, for 2025.
The insurance firm will pay out a dividend of SAR 2 per share for 150 eligible shares, according to a bourse filing.
Meanwhile, the disbursement date will be announced at a later time.
The board members also proposed a 50% capital hike to SAR 2.25 billion through the issuance of one bonus share for every two owned shares.
At the end of 2025, Tawuniya generated net profits after Zakat worth SAR 1.10 billion, compared with SAR 1.02 billion a year earlier.
