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BML Approves Record MVR 269 Million Dividend Payout at MVR 50 per Share

BML shareholders approved a record total dividend payout of MVR 269 million at MVR 50 per share at the bank's Annual General Meeting, a 25.11 percent increase over the previous year's MVR 215 million at MVR 40 per share. The government, as the largest shareholder, is set to benefit with MVR 136.6 million in dividend and MVR 628 million in tax for the year 2023.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures6as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

What happened

in order; days are read from the reports' words and dates
  1. Tue 28 May
    Bank of Maldives convened its Annual General Meeting where shareholders approved the record dividend payout. on Tuesday only Maldives Republic Bank of Maldives Ltd. (BML) convened its Annual General Meeting on Tuesday, where shareholders greenlit a historic total dividend payout of MVR 269 million at MVR 50 per share, marking the highest in the bank’s history.

    Word for word from the report in Maldives Republic. Open the report

Who said what

the reports' own quoted words, each once
  • We will continue to uphold the highest standards of governance and customer centricity, with a focus on digitalisation while striving to create a more sustainable and inclusive future for all. Together, we will continue to build a stronger…

    Karl Stumke, BML’s CEO and Managing Director Maldives Republic Open the report (Maldives Republic)

How the reporting differs

one source so far

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • MVR 50 per share dividend per share Maldives Republic shareholders greenlit a historic total dividend payout of MVR 269 million at MVR 50 per share

    Word for word from the report in Maldives Republic. Open the report

    Earlier reports gave MVR 4 28 May, 23:00 Maldives Republic

  • 25.11 percent increase in dividend payout Maldives Republic This year’s dividend payout reflects a substantial 25.11 percent increase from the previous year’s total dividend payout of MVR 215 million at MVR 40 per share.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 215 million previous year total dividend payout Maldives Republic the previous year’s total dividend payout of MVR 215 million at MVR 40 per share

    Word for word from the report in Maldives Republic. Open the report

  • MVR 40 per share previous year dividend per share Maldives Republic the previous year’s total dividend payout of MVR 215 million at MVR 40 per share

    Word for word from the report in Maldives Republic. Open the report

  • MVR 136.6 million government dividend benefit Maldives Republic The government, as the largest shareholder, is set to benefit from the dividend payout, with MVR 136.6 million and MVR 628 million in tax for the year 2023.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 628 million government tax revenue Maldives Republic with MVR 136.6 million and MVR 628 million in tax for the year 2023

    Word for word from the report in Maldives Republic. Open the report

Subjects

sectors and approved topics, alphabetical
Finance & banking

Named in these reports

alphabetical
Karl Stumke CEO and Managing Director