During the Ordinary General Assembly of Byblos Bank S.A.L held on the 26th of April 2016, the distribution of dividends for the year 2015 was agreed upon as follows:
For common shareholders: LBP 200 or $0.13 per share; LBP 190 or $0.126 net of the 5% withholding tax
For Preferred Shareholders:
Class 2008 and 2009: $8 per share; $7.6 net of the 5% withholding tax
The above-mentioned dividends will be paid on or about the 5th of May 2016 after the deduction of the 5% withholding tax. The shareholders that will benefit from the dividends are the ones listed in Midclear’s records as at the 4th of May 2016, the record date.
For GDR holders:
LBP 200 or $0.13 per share paid in US dollars through the depositary bank, The Bank of New York Mellon, after deducting the withholding tax and other expenses starting the 10th of May 2016.
|Common Shares||Byblos Preferred 2008 ||Byblos Preferred 2009 ||GDR Shares|
|Dividend per share, In USD||0.13||8||8||0.13|
|Current Stock Price, In USD||1.72||103||103.6||75|
Source: Byblos Bank, Beirut Stock Exchange, Reuters