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QUDS approves distributing 10% cash dividends for the year 2022


The general assembly of Al-Quds Bank QUDS approved, in its meeting on 19/03/2023, distributing 10% cash dividends for the year 2022, to record dividends yield of 5.81% based on the price on the entitlement date. The general assembly also approved in its extraordinary meeting raising the authorized capital from 100 million shares/dollar to 125 million shares/dollar during the 5 coming years in a mechanism to be determined later.



Al-Quds Index starts June with an increase and new anticipation appears



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