BoS approves Dhs135m cash dividend

March 17, 2014 10:18 am

Bank of Sharjah has approved the distribution of 9.116% cash dividend and 60 million shares from the treasury shares, worth close to Dhs135m and representing a 6.9% return on the outstanding shares, Gulf News has reported. The bank’s net profit jumped 27% in 2013 to Dhs353m from Dhs277m a year earlier, while total comprehensive income increased by 59% to Dhs433m.