Blom Bank recommends cash dividend

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Blom Bank recommends cash dividend

The bank kept the payout at $0.7 per share for holders of preferred shares and said the recommendations were subject to the approval of shareholders.

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Published: Sun 22 Mar 2015, 10:00 AM

Last updated: Fri 26 Jun 2015, 12:21 AM

Lebanon’s Blom Bank is recommending a cash dividend of 1,000 Lebanese pounds ($1) per common share for 2014, up from 750 pounds the previous year.

The bank kept the payout at $0.7 per share for holders of preferred shares and said the recommendations were subject to the approval of shareholders.

Compiled from agencies and staff report



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