BEMO Bank to Distribute 2014’s Dividends

The Ordinary General Assembly of BEMO Bank’s shareholders convened on May 29, 2015 and approved the distribution of dividends for the year 2014 worth LP 6,793M (or $4.51M). Those dividends will be distributed as follows:

         i.            Holders of common shares would receive: LP 50, the equivalent of $0.031/share (or a net of $0.126 after the deduction of the 5% applicable tax).

       ii.            Holders of BEMO preferred shares class 2013: $7/share (or a net of $6.65 after the deduction of the 5% applicable tax).

Worth mentioning that the record date is on June 4, 2015, ex-dividend date is on June2, 2015, while the payment date will be on June 9, 2015.

Allocation of Dividend Distribution for the year 2014

Source:  BSE