Mubasher: Bank Sohar’s shareholders agreed Tuesday on distributing cash dividends at 5% of the issued capital (5 Baisas per share) and 1-for-10 bonus shares (10% of the capital) for the fiscal year 2015, according to a bourse filing.

The OGM earlier approved cash dividends at 4% (4 Baisas per share) and 6% bonus shares for the fiscal year 2014.

The Muscat listed bank is capitalised at OMR 144.14 million ($374.39 million) distributed across 1.44 billion shares with a nominal value of OMR 0.1 ($0.26).

Bank Sohar’s profit declined last year by 0.21% to OMR 28.01 million 72.75 million) from OMR 29.88 million ($77.61 million) in 2014.