Wednesday 29, January 2014 by Matthew AmlĂ´t

Bank Muscat proposes a 40 per cent dividend

Bank Muscat has proposed a 40 per cent dividend for 2013, 25 per cent in cash and 15 per cent in the form of mandatory convertible bonds. Shareholders would receive OMR 0.025 per ordinary share in cash, aggregating to OMR 53.81 million. Mandatory convertible bonds In lieu of cash dividend aggregate to OMR 32.28 million.

Features & Analyses

Consumer Banking Commitment to the people

Banker Middle East’s Retail Banker of the Year, Hamed Fayez, Senior Executive Vice President, Head of Retail Banking Group at… read more