On the 31st of May 2018, the ordinary general assembly of BLC Bank decided to distribute dividends for the financial year that ended on the 31st of December 2017, as follows:
- For holders of BLC Preferred “C” and “D” shares, the gross dividends per share amount to $6.75 per share, the equivalent of $6.075 after deduction of the 10% dividend distribution tax.
Dividend payments shall be carried out starting the 7th of June 2018 to shareholders’ whose names appear on the company’s register on the 6th of June 2018 (Record Date).
Meanwhile, the ex-dividend date will be 4th of June 2018.
BLC Bank’s Financial Highlights for Q1 2018
|In $ million||Mar-18||Dec-17||YTD|
|Loans and Advances to Customers||1,580.21||1,600.56||-1.27%|
|Customers’ Accounts at Amortized Cost||3,990.61||3,919.21||1.82%|
|Net Profit for the Period (*)||10.37||10.52(*)||-1.44%|
Source: BLC Bank