Mubasher: The National Bank of Oman’s (NBO) board of directors recommended paying cash dividends of OMR 0.016 per share (15.2% of the capital) for the fiscal year 2016, totalling OMR 23.5 million.
The board also proposed distributing 1-for-20 bonus shares. The company’s ordinary general meeting (OGM) will discuss the proposal on 26 March, according to a bourse filing.