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BRIEF-Akbank proposes to pay FY 2016 dividend of net 0.19125 lira/share
February 27, 2017 / 3:12 PM / 7 months ago

BRIEF-Akbank proposes to pay FY 2016 dividend of net 0.19125 lira/share

Feb 27 (Reuters) - Akbank:

* Proposes to pay FY 2016 dividend of gross 0.225 lira ($0.0626) net 0.19125 lira per share

* Proposes gross 200.0 million lira equal to 5 percent of the paid-in capital of the Bank as of 31st December 2016 which is 4.00 billion lira will be allocated as primary cash gross dividend

* Proposes gross 700.0 million lira will be allocated as secondary cash gross dividend

* Total gross dividend of TL 900.0 million lira equal to 22,5 percent of the paid in capital, will be distributed to shareholders

* Proposes 2016 cash dividend distribution to start from 30th of March, 2017

Source text for Eikon: Further company coverage: ($1 = 3.5950 liras) (Gdynia Newsroom)

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