Mubasher: Ahli United Bank (AUB) said that its board of directors recommended distributing 30% of capital as cash dividends and bonus shares for fiscal year 2018.
The board members of AUB, listed on both Boursa Kuwait and Bahrain Bourse (BHB), proposed paying 20% of capital as a cash dividend for FY18, according to a press release on Tuesday.
AUB’s board also recommended distributing 10% of capital as bonus shares for the fiscal year.
During FY18, AUB achieved a net profit of $697.5 million attributed to the shareholders.
