The Directors Board of the Bank of Maldives (BML) has decided to distribute USD2.59 per share as the final dividend.
BML stated a total of USD13.9 million will be distributed as a final dividend at a rate of USD2.59 per share, along with USD6.9 million as an interim dividend at a rate of USD1.29 per share, as per the decision of the Board of Directors. BML said the final dividend will be distributed after approving the amounts at the Annual General Meeting (AGM) from 2030hrs on May 29. Dividends will be distributed to shareholders registered before April 2.
Last year, BML posted a pre-tax profit of USD136.2 million along with a net profit of USD103.7 million. The national bank posted a net profit of USD116.7 million in 2021, according to its financial statements.