Blom's Board proposes a dividend of $4/share

The dividend will be payable for shareholders trading till April 14

The dividend represents four percent of the bank’s share price on March 16, 2010 of $99.55.

The bank said that the dividend will be payable to all the shareholders trading at the bank’s shares till the end of-April 14.

A five percent delivery tax will be exempted from the dividend, the bank said.