Mubasher: Bank Dhofar’s board of directors recommended on Wednesday dividends at 25% for the fiscal year 2015.
Fifteen percent of the issue or OMR 23.17 million will be paid in cash and 154.47 million shares will be distributed as 10% bonus shares with a nominal value of OMR 0.100.
The recommendation will be introduced to shareholders in their annual ordinary general meeting to be held on 29 March.
Yesterday, the board reviewed and adopted the audited financial results of 2015.
The bank, listed in the Muscat Securities Market, reported net profit of OMR 46.77 million last year, compared to OMR 40.45 million in 2014, with a rise of 15.6%.
