RAK Bank shareholders nod to dividends

Abu Dhabi-Mubasher: RAK Bank’s shareholders approved the payment of 50% dividends for 2015, according to a bourse statement.

The dividends stand at 50 fils per share, totalling AED 838.12 million.

The record date is on 27 March, while the last day to participate is on 27 March.

The bank’s stock rose 0.17% to AED 6.03 after trading 40,350 shares, with turnover of AED 243,310.

Mubasher Contribution Time: 17-Apr-2016 10:15 (GMT)
Mubasher Last Update Time: 17-Apr-2016 10:15 (GMT)