BML’s board approves a record amount as dividend for 2021

The Board of Directors of Bank of Maldives (BML) has approved a record amount as dividend for the year 2021.

In an announcement released today, the bank said that its directors resolved to propose a final dividend of MVR 35 per share amounting to MVR 188.3 million – and an interim dividend of MVR 13 per share amounting to MVR 69.9 million for the year 2021.

The amount proposed as the final dividend will have to be approved in the Annual General Meeting, before its distribution. Meanwhile, the bank said that that interim dividend will be payable to shareholders registered in the Bank’s Share Register as at April 10, 2022.