Gulf Finance House OKs 4.5% cash dividend

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KUWAIT CITY, April 10: The Annual and Extraordinary General Assembly of Gulf Finance House (GFH) Financial Group approved to distribute cash dividends to shareholders of 4.57 percent of the capital, with a total amount of USD 45 million, for the fiscal year that ended on December 31, 2021.

The group said in a statement posted on Boursa Kuwait website Monday that the general assembly agreed to distribute bonus shares of 1.5 percent of the nominal value of all the ordinary shares, in addition to listing the group’s shares on the Saudi Stock Exchange and the Abu Dhabi Securities Exchange after obtaining the necessary approvals. GFH Financial Group is an Islamic investment bank in Bahrain, established in 1999 and listed on Boursa Kuwait in 2004 with an authorized capital of USD 1.5 billion. (KUNA)

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