BLC Bank Announces 2015’s Dividends

The ordinary General Assembly of BLC Bank, which convened on the third of June 2016 at the bank’s headquarters, agreed on the bank’s financial records for the year ending 31/12/2015 and decided to distribute dividends to holders of BLC’s preferred A, B and C shares.

The dividend per share for holders of BLC’s preferred A or/and B shares is $7 or $6.65 after the deduction of the 5% tax.

The dividend per share for holders of BLC’s preferred C shares is $6.75 or $6.4125 after the deduction of the 5% tax.

Key Dates for BLC’s Dividend Distribution 

9 June 2016

Dividend Record Date

7 June 2016

Ex-Dividend Date

10 June 2016

Dividend Payment Date

Source: BLC, Beirut Stock Exchange

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