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Alliance Assurances maintains its high dividend disbursement policy

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Magazine Issue: 
Insurers facing the digital turning point [3]
Magazine date: 
Jul 2016

Alliances Assurances posted a turnover of 4.43 billion DZD (41 million USD) in 2015 compared to 4.42 billion DZD (50 million USD) a year before.

Despite a sluggish economic environment, the company’s profits remained stable at 363 million DZD (3.4 million USD). The insurer has nonetheless opted for the distribution of 56% of its net profits, a policy that culminated in the disbursement of a dividend worth 35 DZD (0.33 USD) per share. The return on investment of a share is therefore set at 7% for an average price of the share of 500 DZD (4.7 USD).

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Mon, 08/08/2016 - 09:00

Source URL: https://www.atlas-mag.net/en/article/alliance-assurances-maintains-its-high-dividend-disbursement-policy

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[3] https://www.atlas-mag.net/en/issue/insurers-facing-the-digital-turning-point
[4] http://www.atlas-mag.net/en/article/global-cyber-alliance-begins-its-operations
[5] http://www.atlas-mag.net/en/article/a-new-system-aimed-at-speeding-up-motor-claims-payment
[6] http://www.atlas-mag.net/en/article/agricultural-losses-estimated-at-21-million-usd-in-2016