Dubai: National Bank of Kuwait, the Gulf Arab state’s largest commercial lender, said on Monday that its board had recommended a cash dividend for 2016 of 0.03 dinars ($0.098) per share and 5 bonus shares for every 100 currently held.
The proposal is the same payout as for the previous year.
The bank reported full-year 2016 net profit of 295.2 million dinars, up from 282.2 million dinars in 2015.