DUBAI, Jan 26 (Reuters) - Oman's Bank Dhofar
BDOF.OM
, the second-largest lender in the sultanate by assets, said on Thursday its board had proposed paying a cash dividend of 13.5 percent plus 7.5 percent bonus shares for 2016.
For 2015, the bank proposed a dividend of 15 percent cash and 10 percent bonus shares.
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Earlier this month the bank posted a 19.6 percent fall in fourth-quarter net profit to 10.75 million rials ($27.92 million), according to Reuters calculations.
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($1 = 0.3850 Omani rials)
(Reporting By Tom Arnold; Editing by Shri Navaratnam) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
For 2015, the bank proposed a dividend of 15 percent cash and 10 percent bonus shares.
Earlier this month the bank posted a 19.6 percent fall in fourth-quarter net profit to 10.75 million rials ($27.92 million), according to Reuters calculations.
($1 = 0.3850 Omani rials)
(Reporting By Tom Arnold; Editing by Shri Navaratnam) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
