Bank of Maldives (BML) has started distributing dividends after the approval of Maldives Monetary Authority (MMA).
The bank passed to distribute MVR 26 per share as dividend during the Annual General Meeting held on August 31, 2020. The bank will be distributing a total of MVR 139,929,920 as share dividends.
BML stated that distributed share dividends had now been deposited to the accounts of the beneficiaries. The beneficiaries are those registered as shareholders of the bank up until August 18, 2020.
BML earned MVR 961 million as profit last year.