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ADCB approves cash dividends of Dh0.56 per share amounting to Dh4.099 billion

ADCB approves cash dividends of Dh0.56 per share amounting to Dh4.099 billion
8 Mar 2024 09:35

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.

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