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 |
| Dividend Yield | 7.56% | 7.77% | 7.72% | 0.17% |
Source: Byblos Bank, Beirut Stock Exchange, Reuters