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Ajman Bank gets shareholders’ nod on 3.5 fils/share dividend

2019-03-05 11:34:23 GMT (Economies.com)
 

Shareholders of Ajman Bank on Monday approved the distribution of cash dividends at 3.5% of capital, or 3.5 fils per share, totaling AED 73.5 million, for the fiscal year 2018.

 

Entitlement date for the dividend distribution shall be on March 12, 2019.

 

The bank distributed cash dividends for FY17 at 3.5% of capital, or 3.5 fils per share, totaling AED 58.8 million.

 

The Dubai-listed bank earlier posted 28.2% growth in net profit for the fiscal year 2018 to AED 170 million, compared with AED 132.6 million a year earlier.

 
 
 
  Symbol Last Change Chg.%
1.0747
0.0094
0.8838%
1.2627
0.0065
0.5162%
22.118
0.206
0.942%
113.905
3.766
3.419%
117.00
-0.29
0.25%
1853.705
-2.730
0.147%
 
 
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