Abu Dhabi – Mubasher: The shareholders of Abu Dhabi Commercial Bank (ADCB) gave a nod to 38% cash dividends for last year.

The dividends stand at AED 0.38 per share at a total amount of AED 2.643 billion, according to the bank’s disclosure to the Abu Dhabi Securities Exchange (ADX).

During the ordinary general meeting (OGM), shareholders have set 25 March as the last entitlement date.

In the fourth quarter (Q4) of 2019, the bank's net profits amounted to AED 1.05 billion.