Mubasher: Ahli United Bank’s (AUB) ordinary general meeting (OGM) has approved the distribution of 20% of its stock’s par value in cash dividends.

Meanwhile, the bank’s shareholders consented to the payment of 10% of its paid and issued capital in bonus shares, according to a bank statement released on Thursday.

In 2018, the Kuwait- and Bahrain-listed bank posted a 10.8% year-on-year profit increase during the full year 2018, recording $882.33 million.