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Finance 14/07/2011 Uzagrosugurta to pay dividends for 2010
Uzagrosugurta to pay dividends for 2010
Tashkent, Uzbekistan (UzDaily.com) -- Uzagrosugurta state joint stock insurance company will pay dividends for 2010 in line with the decision of shareholders.

General shareholders meeting of Uzagrosugurta adopted decision to pay 5 soums of dividends per ordinary share and 250 soums per preferential share.

Total number of shares, on which dividends are paid, makes up 2.21 million ordinary shares and 20,000 preferential shares, the company said.

As reported earlier, net income of Uzagrosugurta state joint stock insurance company made up 54.1 million soums in 2010.

The company was founded based on the presidential decree No. 1713 from 25 April 1997. The founders are Ministry of Finance of Uzbekistan, Uzpakhtasanoat Association, Agrobank, Qishloqqurilishbank and others.

UzAgrosugurta has over 205 branches and agencies across Uzbekistan. The company said that it collected 28.9 billion soums of insurance premiums, which makes up 16.5% of total insurance premiums collected in Uzbekistan.

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