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ISBK approves distributing 4.05% stocks dividends and 8.50% cash dividends for the year 2018

2019-04-18

The general assembly of Palestine Islamic Bank ISBK approved in its meeting on 17/04/2019, raising the paid-up capital from $74.00 million to $77.00 million through distributing 4.05% stocks dividends for the year 2018 from capitalizing $3.00 million of the retained earnings. Also, it approved distributing 8.50% cash dividends for the shareholders for the year 2018, to record dividends yield of 4.29% based on the price on the entitlement date.