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FGB to start dividend payout 22 March

FGB to start dividend payout 22 March
One of FGB's shareholders meeting (Photo Credit: Mubasher)
FGB
FGB
-0.39% 12.90 -0.05

Abu Dhabi – Mubasher: First Gulf Bank (FGB) will start distributing 100% cash dividends for fiscal year 2016 as of 22 March, according to a bourse statement.

The shareholders can collect their cheques from any branch of the bank across the UAE on the same date.

Total dividend payout amounts to AED 4.5 billion ($1.22 billion) for FY16.