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ISBK approves distributing 5.56% cash dividends and 11.11% stocks dividends for the year 2022

2023-04-11

The general assembly of Palestine Islamic Bank ISBK approved, in its meeting on 10/04/2023, distributing 5.56% cash dividends for the year 2022, to record dividends yield of 2.57% based on the price on the entitlement date. It also approved distributing 11.11% stocks dividends for the year 2022, to raise the paid-up capital from $90.00 million to $100.00 million. ISBK noted that it will start to pay the approved 5.56% cash dividends from Thursday 13/04/2023.