Ajman Bank approves 9.18 fils per share dividend for 2025

Ajman Bank's general assembly on Monday approved a cash dividend of 9.18 fils per share for 2025. The dividend equals 9.18% of the bank's capital, the lender said in a statement. Shareholders of record as of a date to be announced will receive the payment.

The dividend is in line with the bank's policy of distributing a portion of annual profits. The board had recommended the payout based on the 2025 financial results, which showed a net profit increase, according to the bank. The exact payment date will be disclosed in the coming weeks.

The approval marks the bank's continued commitment to shareholder returns. For the UAE banking sector, dividend decisions are watched as a gauge of financial health. Ajman Bank's payout follows a year of higher earnings, supported by a stronger economy and lower provisions for bad loans, the bank said.

The bank's shares trade on the Dubai Financial Market. The stock has risen 12% this year, though the bank has not commented on the share price movement. The ex-dividend date has not yet been announced.