Dubai-Mubasher: Al Salam Bank Bahrain’s ordinary general meeting has agreed on distributing 5% cash dividends of the capital or 5 fils per share, with a total value standing at BHD 10.7 million, according to a bourse statement.
Al Salam Bank Bahrain posted profits worth BHD 10.55 million during the fiscal year of 2015, 33.3% lower than profits achieved in FY14.
The bank, which is listed on both BHB and DFM, said that the ex-dividend date will start Tuesday, 1 March.
Al Salam Bank stock ended Monday’s trading session at BHD 0.098 as trading value reached about BHD 16,000 after nearly 163,500 shares were traded.
