Bank of Maldives has announced a proposed dividend distribution that would represent the largest payout in the institution’s history, reflecting the bank’s strong financial performance during the 2025 fiscal year and its continued commitment to delivering value to shareholders. The proposal was approved by the Bank’s Board of Directors and will be presented for shareholder consideration at the upcoming Annual General Meeting.
The Board has recommended a total dividend of MVR 60 per share, which is expected to result in a total payout of MVR 322,915,200. The final dividend remains subject to shareholder approval, after which payments will be made to shareholders listed in the Shareholders’ Register as of the Book Closure Date. The proposed distribution highlights the bank’s sustained profitability and prudent financial management, reinforcing investor confidence in one of the Maldives’ most established financial institutions.
In addition to the cash dividend, the Board has also proposed the issuance of two bonus shares for every existing share held by investors. The bank noted that this initiative is designed to strengthen market capitalisation, enhance long-term shareholder value, and support the continued growth and maturity of the Maldives’ capital market. Following the issuance of bonus shares, the book value per share is projected to reach MVR 1,015.90, bringing the total shareholder benefit to an estimated MVR 2,091.80 per share.
The proposed dividend package reflects the bank’s robust operational performance throughout 2025, supported by stable growth across its banking services and ongoing efforts to expand financial accessibility nationwide. The decision also demonstrates Bank of Maldives’ strategic focus on balancing reinvestment for future growth while ensuring meaningful returns for its shareholders.
As the country’s leading financial institution, Bank of Maldives continues to play a central role in supporting economic activity, facilitating business expansion, and strengthening financial inclusion across the islands. The proposed distribution underscores the bank’s financial resilience and its confidence in sustained growth, positioning it positively among regional banking institutions while contributing to investor participation and the broader development of the Maldivian financial sector.
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