Bank of Maldives (BML) has decided to distribute MVR 60 per share from last year’s profits, a proposal that will be submitted for approval at the Annual General Meeting (AGM) scheduled for the 28th of this month. This marks the highest dividend payout in the bank’s history, with a total of MVR 322 million set to be distributed to shareholders. According to the bank, only shareholders registered as of the 18th of this month are eligible to attend the meeting. Registration for the AGM will remain open until 9:00 PM on the 26th of this month. Shareholders may participate in person, online, or via proxy. In addition to approving the dividend, the meeting will focus on the appointment of auditors, the election of board directors, and the passing of an amendment to the bank’s Articles of Association regarding the issuance of bonus shares.
