02.03.2012 - DIB told to reduce dividend by a third
Dubai Islamic Bank has cut its dividend by a third - to 10 per cent - after the Central Bank denied approval for its payout to shareholders. The regulator gave no reason why it had advised Dubai Islamic Bank (DIB) to cut its dividend, said Kashif Moosa, the bank's head of investor relations. "In any case, it was subject to Central Bank approval."...............................................Full Article: Source
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