Rietumu Bank Pays Dividends on Preferred Shares
OREANDA-NEWS. September 23, 2014. By decision of shareholders of the bank, Rietumu Bank pays out dividends for the first half of the year to shareholders of preferred shares.
The dividends paid amount to 4.7% of invested capital.
Undisbursed part of the profit, remaining in the bank, increases the size of the investment proportionally.
According to the plans of the bank, annual income on preferred shares in form of dividends will amount to 9.5%.
“It is a very good result. In the global situation of low income rates preferred shares of Rietumu Bank is a very attractive investment instrument”, says Rietumu Bank Board member Rolf Fuls.
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