IFG Group says its property-associated business "is trading satisfactorily due to its diverse mix" despite the general downturn in the property market, Irish and international financial services operation.
At the company's annual general meeting in Dublin yesterday, chairman Joe Moran said the current year had started positively with all three divisions trading well.
Mr Moran added that the financial services group was confident of delivering strong growth for the full year and meeting market expectations.
The meeting passed a resolution to pay a dividend of 2.25 cents per ordinary share - which with the interim dividend paid last December, brings the total payment per share to 3.3 cents.
In April, IFG, which owns the largest network of mortgage intermediaries in the state, reported a pretax profit of €13.5 million for the year ended December 31st, 2006.
Shareholders also voted to elect John Rowan to the board. The former director of Anglo Irish Bank was co-opted to the board in October 2006.
Outgoing directors Donal Lynch, Declan Kenny, Frank Ryan and Tom Wacker were all unanimously re-elected to the board.
Separately yesterday, IFG announced the appointment of Gary Owens as chief executive of IFG Ireland.
Mr Owens takes up the role on September 1st and replaces Mark Bourke, who was appointed chief executive of IFG Group in 2006.
