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FAB shareholders approve Dh8.3b cash dividend
Khaleej Times
|March 12, 2025
First Abu Dhabi Bank (FAB) on Tuesday announced the distribution of Dh8.3 billion in cash dividends for the financial year ending 31 December 2024 (75 fils per share).
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Shareholders registered on 21 March 2025 (ie. those purchasing shares on or before 19 March 2025) will be eligible for the cash dividends, the bank said.
FAB’s profit before tax increased by 13 per cent year on year, reaching Dh19.9 billion, driven by higher client activity, strong business volumes, diversified income streams, and continued operational efficiencies. This strong performance positions FAB for continued success and growth, reflecting its ability to capitalize on market opportunities and deliver sustained value to its shareholders.
Cette histoire est tirée de l'édition March 12, 2025 de Khaleej Times.
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