Abu Dhabi – Mubasher: Commercial Bank of Dubai’s (CBD) ordinary general meeting (OGM) is set to discuss the distribution of 20% of the bank’s capital or AED 0.2 per-share in cash dividends for 2017.
The proposed dividends total AED 560.5 million, the Dubai Financial Market (DFM) listed bank revealed.
The UAE-based lender reports AED 1.0019 billion in net profits during 2017 versus AED 1.0031 billion in the year-ago period.
