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NBO shareholders to discuss annual dividends 26 March

NBO shareholders to discuss annual dividends 26 March
(Photo credit: Arabianeye - Reuters)
NBO
NBOB
13.51% 0.40 0.05

Mubasher: The National Bank of Oman’s (NBO) board of directors recommended paying cash dividends of OMR 0.016 per share (15.2% of the capital) for the fiscal year 2016, totalling OMR 23.5 million.

The board also proposed distributing 1-for-20 bonus shares. The company’s ordinary general meeting (OGM) will discuss the proposal on 26 March, according to a bourse filing.