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National Bank of Oman proposes 15 pct cash dividend for 2013
January 22, 2014 / 11:07 AM / 4 years ago

National Bank of Oman proposes 15 pct cash dividend for 2013

DUBAI, Jan 22 (Reuters) - National Bank of Oman’s (NBO) board of directors has recommended the lender pay a 2013 dividend of 15 percent cash and 10 percent in bonus shares, according to a bourse filing on on Wednesday.

For 2012, NBO paid a cash dividend of 17.5 percent.

The bank posted a flat fourth-quarter net profit on Monday, missing analysts’ expectations. (Reporting by Matt Smith; Editing by David French)

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