Bahrain-based Venture Capital Bank (VCBank) has announced dividends to its shareholders totalling 9.06 per cent for last year. In a statement, the bank said the dividends comprise effectively 2.52 per cent in cash and 6.54 per cent in bonus shares on their existing holdings (inclusive of 0.93 per cent from a reallocation of employee share ownership plan bonus shares together with cash dividends thereon) following regulatory approval of the resolutions of the annual general meeting in December last year, said a report in the Gulf Daily News (GDN), our sister publication.

 

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