Tuesday 29 July 2014

NBO to pay 15pc cash dividend

Dubai, January 22, 2014

National Bank of Oman's (NBO) board of directors has recommended the lender pay a 2013 dividend of 15 per cent cash and 10 per cent in bonus shares, according to a bourse filing on on Wednesday.

For 2012, NBO paid a cash dividend of 17.5 per cent.

The bank posted a flat fourth-quarter net profit on Monday, missing analysts' expectations. - Reuters

Tags: Oman | Bank | bonus | cash | dividend | NBO |

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