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Invest Bank nods to annual dividends

Invest Bank nods to annual dividends
Invest Bank's capital amounts to AED 1.588 billion,(Photo Credit: Bank Website)
Invest Bank
INVESTB
2.27% 0.02 0.01

Abu Dhabi – Mubasher: Invest Bank said its shareholders approved 8.08% cash dividends, or 8.08 fils per share, for the fiscal year 2016, according to a bourse filing.

Total dividend payout stands at AED 128.31 million for FY16.

The bank’s capital amounts to AED 1.588 billion, distributed on 1.588 billion shares at AED 1 par value.