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Ahli Bank proposes 10% cash dividends for 2016

Ahli Bank proposes 10% cash dividends for 2016
(Photo Credit: Arabianeye-Reuters)
Ahli Bank
ABOB
0.00% 0.15 0.00

Mubasher: Ahli Bank’s board recommended distributing cash dividends at 10% of the issued capital or 10 Baisas per share for the fiscal year 2016, according to a bourse filing.

The bank’s capital worth OMR 142.5 million distributed across 1.45 billion shares with a nominal value of OMR 1.

The OGM earlier approved bonus shares at 10%, equivalent to 10 shares for each 100 shares for the fiscal year of 2015.

The bank’s stock ended Wednesday’s trades up 0.53% to OMR 0.19.