GIG to distribute cash dividends to shareholders’ accounts on June 30

Gulf Insurance Group (GIG) announced that it will distribute profits through automatic deposits into investment accounts linked to shareholders’ portfolios at all banks on June 30, 2024.

GIG urged its shareholders to update their data and ensure that their bank account numbers are correctly linked to their investment portfolios to avoid any delays in receiving their profits.

The ordinary general assembly approved the Board of Directors’ recommendation to distribute cash dividends amounting to SAR 78.7 million to shareholders for the fiscal year 2023, at a rate of SAR 1.5 per share.