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2020-02-27
The board of directors of the Arab Islamic Bank AIB proposed to the general assembly, which will be holding a meeting on 25/03/2020, raising the bank’s paid-up capital from $84.92 million to $88.47 million through distributing 4.18% stocks dividends for the shareholders. It also recommended distributing 4.70% cash dividends for the year 2019, to record dividends yield of 2.78% based on the current market price.
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