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Al Salam Bank to distribute 4% dividends, 4% bonus shares

Al Salam Bank to distribute 4% dividends, 4% bonus shares
Dividends stand at BHD 17.73 million
Al Salam Bank
SALAM
-0.84% 0.23 -0.00
Al Salam International
SIIS
3.75% 0.72 0.03

Mubasher: Shareholders of Al Salam Bank, listed on the Dubai Financial Market (DFM) and Bahrain Bourse, have approved the distribution of dividends for 2019.

Dividends stand at BHD 17.73 million, representing 8% of the company’s capital, according to a bourse filing.

The dividends will be in the form of a cash distribution at 4% worth BHD 8.86 million, as well as 4% bonus shares.