Bank BEMO Announces Dividend Distribution

On the 5th of June 2017, the ordinary general assembly of Bank BEMO shareholders was held at the bank’s headquarters. The assembly decided to distribute 2016’s dividends, with a total of LBP8.599B ($5.7M), as per the following (all amounts below are prior to the 5% Tax):

  • For holders of BEMO Preferred 2013 shares, the dividend per share amounts to $7
  • For holders of BEMO Listed shares, the dividend per share amounts to LBP80 ($0.05)

(*) based on 1$ = 1,507.5 LBP

Dividend payments shall be made through Midclear starting the 22nd of June 2017 to shareholders’ whose names appear on the company’s register on the 9th of June 2017 (Record Date).

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