11 Hrs
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الاقتصادية
Emirati 'Burj' Pays 2.4B Dirhams Profits
Burgan Bank B.S.C. has approved a dividend distribution of AED 2.41 billion (approximately USD 656 million) for the first half of 2026, amounting to 8.1 fils per share, representing a yield of 6.7% based on the share price at the close of August 19, 2026. Since its initial public offering in June 2022, the company has distributed total profits of AED 18 billion (about USD 4.9 billion). The financial performance results affirm the company's strength, which focuses on improving consumption efficiencies and diversifying its products. It also aims to leverage its global presence through the Burgan International Group, of which it recently became a part, thereby enhancing its competitive capabilities and enabling it to deliver sustainable returns to shareholders.
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