Mubasher: The shareholders of Burgan Bank approved distributing cash dividends and bonus shares for fiscal year 2016, according to a recent statement.
The bank will pay 5% cash dividend or 5 fils per share, and 5% bonus shares or 5-for-100 shares.
During FY16, Burgan Bank achieved a growth of 11.5% in profits to total KWD 68 million from KWD 61 million in FY15.
At the stock level, Burgan Bank ended Wednesday’s session 1.49% lower at 330 fils, with a liquidity of about KWD 60,300 after nearly 182,800 shares were traded.
