In a landmark decision underscoring its strong financial performance, Bank of Maldives (BML) shareholders have approved the highest dividend payout in the bank’s history—MVR 296 million—for the financial year 2024.
The announcement was made during the bank’s Annual General Meeting (AGM) held on Sunday night. Shareholders gave the green light to a final dividend of MVR 55 per share, reflecting a continued commitment to returning value to investors.
“This record-breaking dividend speaks volumes about the resilience and strength of our operations,” said Mohamed Shareef, CEO and Managing Director of BML. “It is a testament to the hard work of our dedicated team. I extend my sincere gratitude to our customers and shareholders for their unwavering trust and support.”
The dividend will be distributed to all shareholders listed in the official register as of the Book Closure date, in accordance with regulatory procedures.
The milestone payout signals a high point for the national bank, which has consistently expanded its footprint across the Maldives while pursuing digital innovation and inclusive banking solutions. The announcement reinforces BML’s position as a leading financial institution in the country, with a solid track record of growth and shareholder returns.
