Mubasher: Bahrain National Holding Co. (BNH) will hold its ordinary general meeting on 22 March, to discuss the proposed cash dividends for FY15.
The board of directors earlier recommended distributing cash dividends at 20% of the stock's par value or 20 fils per share, according to a bourse filing.
The company posted BHD 4.2 million ($11 million) net profits for 2015, compared with BHD 3.8 million in 2014.
In the final quarter of FY15, BNH achieved BHD 655,000 in net profits, compared to BHD 193,000 ($508,216) in FY14, fuelled by the growth in underwriting and investment income.
