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ISBK approves distributing 7.25% stocks dividends and 8.5% cash dividends for the year 2017

2018-04-17

The GA of Palestine Islamic Bank ISBK approved, in its meeting on 16/04/2018, raising the paid up capital from $69.00 million to $74.00 million through distributing 7.25% stocks dividends to its shareholders, and 8.5% cash dividends for the year 2017, to record 3.81% dividends yield based on the price on the entitlement and 40.28% payout ratio based on the EPS of 2017.