BML's Board of Directors proposes a record dividend payout
The Board has also recommended the issuance of two bonus shares for each existing share as part of the final dividend.
BML
Following strong financial performance in 2025, the Board of Directors of the Bank of Maldives (BML) has proposed a total dividend of MVR 60 per share. The total dividend payout is expected to amount to MVR 322,915,200 (Three hundred twenty-two million nine hundred fifteen thousand two hundred Rufiyaa). The final dividend per share remains subject to approval by shareholders at the Annual General Meeting.
In addition, the Board has recommended the issuance of two bonus shares for each existing share as part of the final dividend. After issuance of bonus share, book value of each share will be MVR 1,015.90. 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, and contribute to the further development and expansion of the Maldivian capital market.
The proposed final dividend will be payable to all shareholders registered in the Shareholders’ Register as of the Book Closure Date.
