Dubai-Mubaser: Mashreq Bank said that its shareholders gave a nod for a distribution of 40% dividends or AED 4 per share for the fiscal year 2015, amounting to AED 710 million, according to a bourse filing on Monday.
During their ordinary general meeting on 28 February, shareholders also approved the financial statements and the board’s report for FY15.
The Dubai-based bank’s stock is inactive since 8 February.
