Sico declares 5pc cash dividend
MANAMA, March 22, 2016
Securities and Investment Company (Sico), a conventional wholesale bank in Bahrain, has approved the distribution of a cash dividend of BD2.1 million ($5.6 million) for last year.
It represents five per cent of the paid-up capital, said a statement.
The dividend was recommended by Sico’s board of directors and approved by the shareholders at the bank’s annual general meeting (AGM) held recently at the Diplomat Radisson Blu Hotel, Bahrain. - TradeArabia News Service
