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Sico declares 5pc cash dividend

MANAMA, March 22, 2016

Securities and Investment Company (Sico), a conventional wholesale bank in Bahrain, has approved the distribution of a cash dividend of BD2.1 million ($5.6 million) for last year.
 
It represents five per cent of the paid-up capital, said a statement.
 
The dividend was recommended by Sico’s board of directors and approved by the shareholders at the bank’s annual general meeting (AGM) held recently at the Diplomat Radisson Blu Hotel, Bahrain. - TradeArabia News Service



Tags: cash | dividend | shareholder | Zico |

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