The Asian Alliance Insurance PLC announced to Colombo Stock Exchange, that the company has decided to pay the final Dividend of Rs.3.00 per share. The dividend is for the financial year of 2010. The above dividend proposes is subjective to approvals of shareholder at AGM on 25th March 2011.
The company further says the Ex-Dividend date will be 28th March 2011, and Payment will be on 5th April 2011.
About Asian Alliance Insurance PLC
The Asian Alliance Insurance PLC established on 1999 and quoted in CSE at 2000. The company is in the business of Life and general Insurance.
Share price and dividend
The Union assurance PLC shares were traded in the range of Rs.155.00 to Rs.165.00 per share. The Dividend of Rs.3.00 per share and the capital gains ensure the will investors will trade continuously the Asian Alliance Insurance PLC shares.