Bank of Maldives, BML, says following strong financial performance in 2025, the Bank's Board of Directors has proposed a total dividend of MVR 60 per share.
The total dividend payout is expected to amount to MVR 322,915,200.
BML said that the final dividend per share remains subject to approval by shareholders at the AnnualGeneral Meeting.
The Bank also said that the Board has recommended the issuance of two bonus shares for each existing share as part of the final dividend.
It said that after issuance of bonus shares, the book value of each share will be MVR1,015.90. It explained that this gives shareholders a total benefit of MVR 2,091.80 per share.
The issuance of bonus shares is proposed to enhance the Bank's market capitalization, maximize shareholder value, andcontribute to the further development and expansion of the Maldivian capital market.
The Bank added that the proposed final dividend will be payable to all shareholders registered in the Shareholders’ Registeras of the Book Closure Date.
