Dubai – Mubasher: Shareholders of Emirates NBD approved a cash dividend distribution of 40% of capital or 40 fils per share at the general meeting.
The dividends eligibility will be for shareholders registered until 8 April, as 4 April is the last date of dividends entitlement, according to a statement to the Dubai Financial Market (DFM) on Wednesday.
Total cash dividends amount to around AED 2.2 billion, while the bank’s issued capital stands at AED 5.557.
Emirates NBD had previously posted a 15% year-on-year surge in profits for 2017 to AED 8.345 billion
