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BOP approves distributing 6.66% stock dividends and 8.33% cash dividends for the year 2013

2014-04-27

The general assembly GA of Bank of Palestine BOP held a meeting on 25/04/2014, whereby, approved distributing $22.5 million from the bank’s profits of 2013 ( around 14.99% ) divided into $10 million stock dividends (6.66%) to raise the paid up capital to $160 million from $150 million, and $12.5 million cash dividends (8.33%) for the shareholders as for 24/04/2014. The bank noted that the dividends payment will start from 27/04/2014 in all branches of BOP.