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    Home ยป BML proposes MVR 60 per share dividend and two bonus shares

    BML proposes MVR 60 per share dividend and two bonus shares

    February 26, 20262 Mins Read
    Photo: BML
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    Bank of Maldives (BML), has announced that its Board of Directors has recommended a dividend payout of MVR 60 per share, following the bank’s strong financial performance in 2025.

    The national bank revealed that it achieved a net profit of MVR 2.5 billion in 2025, making a 9.8% growth compared to 2024.

    Furthermore, the bank said that the Board has also proposed a bonus share issue, offering two additional shares for every single share currently held by shareholders.

    The final dividend amount and the bonus share proposed are subject to approval at the bank’s upcoming Annual General Meeting. BML further detailed that following the issuance of bonus shares, the book value of a share with a face value of MVR 50 will stand at MVR 1,015.90.

    BML also noted that shareholders are expected to receive a total benefit equivalent to MVR 2,091.80 per share this year.

    The bank explained that the primary objectives of the proposed bonus share issue are to enhance the bank’s market capitalization, maximize shareholder returns, and contribute to the growth and expansion of the Maldivian capital market.

    BML also clarified that the proposed dividends and bonus shares will be available to all shareholders registered in the bank’s books as of the Book Closure Date.

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