ADCB approves cash dividends of AED0.56 per share amounting to AED4.099 bn

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ABU DHABI, 7th March, 2024 (WAM) — Abu Dhabi Commercial Bank (ADCB) has approved the Board of Director’s proposal to distribute a cash dividend of AED0.56 per share, translating to a total pay-out of AED4.099 billion equivalent to 50% of the Net Profit in 2023.

This came as the ADCB today held its physical-cum-virtual 40th Annual General Assembly which was chaired by Khaldoon Khalifa Al Mubarak, Chairman of the Board of Directors, in the presence of the Board Members.