Bank ABC
ABC
0.00%
0.35
0.00
ABC
Mubasher: The Arab Banking Corporation (ABC) on Sunday said its ordinary general meeting (OGM) approved a cash dividend representing 3% of its capital for 2016.
Dividends will be distributed at 3 fils per share and total $93.3 million, the bank said in a statement to the Bahrain Bourse (BHB).
The OGM also approved the board’s reports and the profits and loss accounts for 2016.
ABC reported $183 million in profits for 2016, an increase of 1.7% from $180 million in 2015.
The company’s stock ended Sunday down 1.37% to $0.360, after 14,000 shares were traded at a turnover of $5,040.
Source:
Mubasher