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QUDS proposes distributing 3.50% stocks dividends and 4.50% cash dividends for the year 202

2021-03-10

The board of directors of Al-Quds Bank QUDS raised a recommendation to the general assembly, which will be holding ordinary and extraordinary meetings in the first half of April 2021, to raise its paid-up capital from $93.17 million to $96.43 million through distributing 3.50% stocks dividends. It also recommended distributing 4.50% cash dividends for the year 2020, to record dividends yield of 2.94% based on the current market price.