Lebanon Businessnews News
 

Blom, Audi, Byblos to pay 2009 dividends
All dividend payouts will take place in April
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Blom will pay a dividend of LL6,000 ($4 per share) for holders of normal shares but it will deduct five percent from this amount as a delivery charge.

Shareholders trading at the bank’s shares till April 14 will be eligible for the Blom-dividend payout which represents a four percent return on the bank’s share price on March 16, 2010 of $99.55.

Similarly, Bank Audi will deduct a five percent delivery fee from the initially approved dividend payout. Eventually, it will pay a dividend of LL5,012 ($3.32)/common share. Shareholders trading till April 9 will be eligible for the payout.

Byblos Bank will distribute a dividend of LL200 ($0.13) for holders of normal shares. Holders of priority shares will receive LL248/share ($0.16).

Holders of Byblos's preferred shares of the 2008 issue will be paid a dividend of LL12,060 ($8) for each share they own and holders of the preferred shares of the 2009 issue will get a dividend of LP 5,050 ($3.34) per share.
 

Date Posted: Apr 09, 2010
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