On the 4th of May 2018, the ordinary general assembly of Bank of Beirut’s (BOB) shareholders was held at the bank’s headquarters. The assembly approved 2017’s accounts and decided to distribute dividends as per the following (all amounts below are prior to the 10% Tax):
- For holders of BOB Preferred G shares, the total amount of dividends amounts to $8.43M implying an amount of $2.3625 per share
- For holders of BOB Preferred H shares, the total amount of dividends amounts to $9.45M implying an amount of $1.75 per share
- For holders of BOB Preferred I shares, the total amount of dividends amounts to $8.44M implying an amount of $ 1.6875 per share
- For holders of BOB Preferred J shares, the total amount of dividends amounts to $4.88M implying an amount of $1.6250 per share
- For holders of BOB Preferred K shares, the total amount of dividends amounts to $6.50M implying an amount of $1.6250 per share
- For holders of BOB Priority 2014 shares, the total amount of dividends amounts to $4.00M implying an amount of $0.84 per share
- For holders of BOB Listed shares, the total amount of dividends amounts to LBP 66,738,935,000 ($44.28M) implying an amount of LBP 1,150 ($0.76)* per share
(*) based on 1$ = 1,507.5 LBP
Dividend payments shall be made through Midclear on the 17th of May 2018 to shareholders’ whose names appear on the company’s register on the 11th of May 2018 (Record Date). The ex-dividend date has been set on the 9th of May 2018.
