| From Cpifinancial.net: Takaful Re bounced back in 2009 with profit for the year of $10 million, against a net loss of $10.6 million in 2008. In view of the significant growth in performance and profitability, Takaful Re’s Board of Directors recommended a cash dividend of 3.8 per cent on paid up capital ($0.038/share) amounting to $4.75 million.
Shareholders approved the payment at the company's Annual General Meeting held Sunday, 21 March 2010 in Dubai...................................Full Article: Source |