Abu Dhabi-Mubasher: Union National Bank (UNB) said that its board recommended a 20% cash dividend or 20 fils per share for the fiscal year 2015, totalling AED 550.3 million, according to a bourse filing.
The board convened Monday to approve the consolidated financial statements for 2015 and discuss dividends.
UNB reported a 7.8% profit decline to AED 1.76 billion ($479 million) in FY15, compared to AED 2.02 billion ($550 million) in FY14, according to a bourse filing.
UNB board proposes 20% cash dividends
Mubasher Contribution Time: 25-Jan-2016 12:28
(GMT)
