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ISBK approves raising its capital to $69 million and distributing 8.50% cash dividends for the year 2016.

2017-04-02

The general assembly of Palestine Islamic Bank ISBK approved, in its ordinary and extraordinary meetings on 29/03/2017, raising the subscribed and paid-up capital by $6.50 million to reach $69 million through distributing $3.50 million stocks dividends (5.60% from the paid up capital prior to the distribution), and $3.00 million through secondary subscription at the price of $1.65 ($1 par value and 0.65 premium). The subscription will start on Sunday 16/04/2017 and end on Sunday 14/05/2017. Furthermore, the shareholders as of the PEX records on Monday 10/04/2017 are able to subscribe. On the other hand, the general assembly also approved distributing $5.31 million cash dividends (8.50% from the paid up capital prior to the distribution), to record 3.78% dividends yield based on the stock’s price on the entitlement date and 42.08% payout ratio. 


 

2017-11-16
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Bank of Palestine opens a representative office in Chile

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The PEX records average PE ratio of 12.2x in 9M 2017

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GUI posts net income of $0.80 million in 9M 2017

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AIG reports net income of $1.21 million in 9M 2017

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A decline in Al-Quds Index with the end of the disclosures’ legal period

2017-11-01
RSR records net income of JD0.43 million in 9M 2017

2017-11-01
NSC posts net income of JD0.24 million in 9M 2017

2017-11-01
TIC records net income of $1.79 million in 9M 2017

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PICO reports net income of $2.16 million in 9M 2017

2017-11-01
AQARIYA records net income of JD0.40 million in 9M 2017

2017-11-01
PRICO realizes net loss of JD3.97 million in 9M 2017

2017-11-01
TRUST reports net income of $3.40 million in 9M 2017

2017-11-01
MIC posts income of $1.01 million in 9M 2017

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PADICO posts net income of $11.95 million in 9M 2017

2017-11-01
BOP records net income of $38.54 million in 9M 2017

2017-11-01
WASSEL records net income of $0.02 million in 9M 2017

2017-11-01
AIB reports net income of $5.83 million in 9M 2017

2017-11-01
NIC posts net income of $4.04 million in 9M 2017

2017-11-01
JPH reports net income of $1.91 million in 9M 2017

2017-11-01
JREI realizes net loss of $0.22 million in 9M 2017

2017-11-01
AHC realizes net loss of JD1.10 million in 9M 2017

2017-11-01
ELECTRODE posts net income of JD0.05 million in 9M 2017

2017-11-01
PID posts net income of JD 0.01 million in 9M 2017

 

 

 
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