BML board pushes record MVR 322.9m dividend payout plan
The Board of Directors of Bank of Maldives has proposed issuing two bonus shares for every existing share to strengthen market capitalization and maximize shareholder value. This move is expected to bring the total benefit to shareholders to MVR 2,091.80 per share while supporting the growth of the Maldivian capital market. If approved at the Annual General Meeting, the final dividend will be distributed to shareholders listed in the register as of the Book Closure Date.
Bank of Maldives' Annual General Meeting | BML | BML
After reporting strong financial results for 2025, the Board of Directors of Bank of Maldives has put forward a total dividend of MVR 60 per share. The overall dividend distribution is projected to reach MVR 322,915,200, amounting to three hundred twenty-two million nine hundred fifteen thousand two hundred Rufiyaa. The final dividend per share is still pending approval from shareholders at the upcoming Annual General Meeting.
The Board has also proposed issuing two bonus shares for every existing share as part of the final dividend. Once the bonus shares are issued, the book value of each share is expected to stand at MVR 1,015.90, bringing the total benefit to shareholders to MVR 2,091.80 per share. According to the proposal, the bonus share issuance is intended to strengthen the Bank’s market capitalization, maximize shareholder value, and support the continued growth and expansion of the Maldivian capital market.
If approved, the final dividend will be distributed to shareholders listed in the Shareholders’ Register as of the Book Closure Date.
