Mubasher: Oman’s Bank Sohar announced on Tuesday that its ordinary general meeting (OGM) will be held on 29 March to discuss proposed dividends for the fiscal year 2015.

Shareholders will discuss cash dividends at 5% of the bank’s capital or 5 Baisas per share, in addition to 10-for-100 bonus shares, 10% of the capital, according to a bourse filing.

The OGM earlier agreed on distributing cash dividends at 4%, 4 Baisas per share, and 6% bonus shares for the fiscal year 2014.

Bank Sohar’s profit declined last year by 0.21% to OMR 28.01 million 72.75 million) from OMR 29.88 million ($77.61 million) in 2014.

The Muscat listed bank’s stock fell in today’s early trading to OMR 0.148 ($0.38).