Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) announced that it will start distributing the cash dividends for the full-year 2018 on 17 March.

The UAE’s largest lender by assets will distribute a total cash dividend of AED 8 billion, or 74 fils a share, in collaboration with the Securities and Commodities Authority.

On 25 February, the bank’s board approved distributing 74% cash dividends, totalling AED 8.06 billion for the full-year 2018.

By the end of Monday’s session, FAB’s stock fell 2.01% at AED 13.71.