The General Assembly of First Abu Dhabi Bank approved dividends to the bank's shareholders for the year 2021, at a rate of 70% of the capital, at 70 fils per share.
The bank said in a statement to the Abu Dhabi Securities Exchange, today, Tuesday, that the distributions are divided into 49 fils in cash (49%) and 21 fils in shares (21%). , with a total estimated at 7.64 billion dirhams.
According to the approved distributions, the bank's capital increased from 10.9 billion dirhams to 11.04 billion dirhams by issuing 127.6 million new shares.
The bank clarified that the dividends are due to the registered shareholders of the bank on Thursday, March 10, 2022.
The bank's profits rose 18.8% last year; To reach 12.53 billion dirhams, compared to 10.55 billion dirhams in 2020.
