ABU DHABI (WAM)


Abu Dhabi Commercial Bank (ADCB) has approved the Board of Director’s proposal to distribute a cash dividend of Dh0.56 per share, translating to a total pay-out of Dh4.099 billion equivalent to 50 percent of the Net Profit in 2023.

This came as the ADCB held its physical-cum-virtual 40th Annual General Assembly which was chaired by Khaldoon Khalifa Al Mubarak, Chairman of the Board of Directors, in the presence of the Board Members.