Sat, 31 May 2025

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DHIVEHI

BML approves record MVR 296 million as dividend for 2024

29 May 2025

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Raneen Ahmed

Photo: BML

The Bank of Maldives (BML) has approved a record final dividend of MVR 55 per share for the financial year 2024, amounting to a total payout of MVR 296 million. The decision was confirmed at the Bank’s Annual General Meeting (AGM) held this evening.

This represents the highest dividend distribution in the Bank’s history and is seen as a reflection of its strong financial performance and ongoing efforts to enhance shareholder value.

BML’s CEO and Managing Director, Mohamed Shareef, said the record dividend demonstrated the strength of the Bank’s operations and credited the achievement to the dedication of its employees. He expressed appreciation to customers and shareholders for their continued trust, adding that the Bank remained committed to delivering high-quality service and sustained financial growth.

The dividend will be paid to all shareholders registered in the Shareholders' Register as of the Book Closure date.


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