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BOP proposes distributing 11.50% cash dividends and 2.00% stocks dividends for the year 2018

2019-03-03

The board of directors of Bank of Palestine BOP raised a recommendation to the general assembly, which will be holding a meeting on 28/03/2019, to raise the paid-up capital from $200.00 million to $204.00 million through distributing 2.00% stocks dividends to its shareholders for the year 2018. It also proposed distributing 11.50% cash dividends for the year 2018. Whereby, the value of dividends distribution (cash and stocks) reaches $27.00 million.