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Burgan Bank to discuss proposed dividends, bonus

Burgan Bank to discuss proposed dividends, bonus
Photo Credit: Arabianeye-Reuters
BURG
BURG
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On 22 March, 2015, the ordinary and extraordinary general meetings of Burgan Bank will discuss the dividends recommendation for the fiscal year which ended on 31 December, 2014.

Burgan Bank’s board has earlier proposed a cash dividend of 15% or 15 fils per share, as well as a bonus share of 5% or five shares per each 100 shares.

Burgan posted a net profit of KWD 61.8 million in 2014. The earning per share (EPS) grew to 37.6 fils, recording the second highest return per share in Kuwait.