Shares & Dividend

Dividend Distribution Recommendation for year ended 2019

​The Board of Directors of Al Salam Bank  resolved, on 9 February 2020, to recommend the distribution of dividend for the year ending 31 December 2019 to the shareholders whose names are registered on the company’s register on the Record Date. This is subject to the approval of the company’s shareholders on the upcoming Annual General Meeting. The proposed distribution is as follow:

  • Cash Dividend: 4% of share nominal value (excluding treasury shares), equivalent to 4.0 fils per share amounting to BD 8.863 million.
  • Bonus Share: 4% of paid-up capital, equivalent to one share for every 25 shares held.

Below are the key dates to be taken note of:

 

Event Date


General Meeting Date

(Shareholders’ approval date)

19 March 2020


Cum-Dividend Date

(Last day of trading with entitlement to dividends)

 

22 March 2020


Ex-Dividend Date

(First day of trading without entitlement to dividends)

 

23 March 2020


Record Date

(The day on which all shareholders whose names are on the share register will be entitled to dividends)

 

24 March 2020


Payment Date

(The day on which the dividends will be paid to the entitled shareholders)

 

7 April 2020

 

Khaleefa Butti Omair Al Muhairi
Chairman

 

 



You will find Al Salam branches and ATMs across Bahrain

Find a Location near you
Search in Al Salam Bank Website