BML Approves Record MVR 55 Dividend, Totaling MVR 296 Million

Business

Bank of Maldives (BML) shareholders have approved a record-breaking final dividend of MVR 55 per share for the financial year 2024, following the Bank’s Annual General Meeting (AGM) held tonight. The approved payout totals MVR 296 million, the highest in the Bank’s history.

The unprecedented dividend underscores BML’s strong financial performance and its ongoing commitment to delivering value to shareholders. Speaking at the AGM, BML CEO and Managing Director Mohamed Shareef highlighted the significance of this milestone.

“This year’s record dividend reflects the strength of our business and the hard work of our people. On behalf of the Bank, I thank our customers and shareholders for their trust and confidence. We remain focused on delivering excellence in service and continued financial growth,” said Shareef.

The dividend will be distributed to all shareholders listed in the Shareholders' Register as of the official Book Closure date.