The Ordinary General Assembly of Shareholders of Bank Audi sal convened on April 7th, 2015 to look upon the Bank’s accounts for the year 2014. In addition, Bank Audi declared April 14th as its record date (T) and accordingly April 8th as its ex-dividend date for Audi shares on the Beirut Stock Exchange (BSE). This indicates that the person who purchases a stock on its ex-dividend date or after will not receive the upcoming dividend. In regards to Bank Audi, the dividend payments will be on April 15th and the gross distribution of dividends with its respective dividend yields is as follows:
Bank Audi Preferred Class “E”, “F” and “G” shares all held the same dividend of $6/share with their respective dividend yields at 4.99%, 4.59% and 5.83% as of April 7th. Furthermore, Audi’s Preferred Class “H” shares, with dividends of $6.50/share, had a yield of 6.31%. Finally, Bank Audi’s common shares dividends registered $0.40/ share representing a dividend yield of 5.72% on April 7, 2015.
Dividend Share Quotes
Type of Share | $/Share | Dividend Yield as of April 7 |
Prefered “E” Shares | $6 | 4.99% |
Preferred “F” Shares | $6 | 4.59% |
Preferred “G” Shares | $6 | 5.83% |
Preferred “H” Shares | $6.50 | 6.31% |
Common Shares | $0.40 | 5.72% |
Source: Company Data