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 Distribution9 June 2016 | Dividend Record Date |
7 June 2016 | Ex-Dividend Date |
10 June 2016 | Dividend Payment Date |
Source: BLC, Beirut Stock Exchange