The Board of Directors of Bank of Maldives (BML) has proposed what would be the largest dividend payout in the bank’s history, following what it described as a strong financial performance in 2025.
According to the bank, directors have recommended a total dividend of MVR 60 per share. If approved by shareholders at the upcoming Annual General Meeting (AGM), the payout is expected to amount to MVR 322,915,200.
In addition to the cash dividend, the Board has proposed the issuance of two bonus shares for every existing share as part of the final dividend package. Upon issuance of the bonus shares, the book value per share is expected to stand at MVR 1,015.90.
Combined, the proposed dividend and bonus shares represent a total shareholder benefit of MVR 2,091.80 per share, the bank said.
BML noted that the bonus share issuance is aimed at strengthening the bank’s market capitalisation, enhancing shareholder value and supporting the continued development of the Maldivian capital market.
The final dividend will be payable to shareholders registered in the Shareholders’ Register as of the Book Closure Date, subject to approval at the AGM.
The proposed record payout reflects the bank’s performance in 2025 and signals confidence in its financial position and long-term growth strategy.
