Tag: 8 insurers paid N4.16 billion dividend in 2016

Insurance

8 insurers paid N4.16 billion dividend in 2016

Only eight out of over a dozen insurance firms have paid dividends out of earnings to shareholders in 2016 as poor liquidity position and recurring losses by some firms undermine pay-out. Financial services companies often seek to distribute as much excess capital as possible to shareholders in the form of […]