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Sharjah Islamic Bk proposes AED 0.1/shr dividend

Sharjah Islamic Bk proposes AED 0.1/shr dividend
Sharjah Islamic Bank
SIB
-5.96% 2.84 -0.18

Abu Dhabi-Mubasher: The board of Sharjah Islamic Bank recommended cash dividend for 2014 at 10% of capital, or 10 fils per share, totaling AED 242.6 million.

FY2014 financial results reflected AED 377.2 million ($102.693 million) net earnings, rising 23% year-on-year from AED 307.1 million ($83.61 million).  

The bank operates with AED 2.425 billion capital, divided into 2.425 billion shares at AED 1 par value each.

  Photo Credit: Arabianeye-Reuters