Dividends

Year

No. of shares issued ('000)

Total Dividends¹ (AED '000)

Dividends in Cash (AED '000)

Dividends in Shares (AED '000 Equivalent)

Total Dividend (% of Capital)

Bonus Shares ('000)

Bonus Shares (% of Capital)

Cash Dividend Payout Ratio³

Cash Dividend Yield⁴
2022

11,047,613

5,744,759

5,744,759

-

52%

-

-

44%

3.0%
2021

10,920,000

7,644,000

5,350,800

2,293,200²

70%

-

-

44%

2.6%
2020

10,920,000

8,080,800

8,080,800

-

74%

-

-

80%

5.7%
2019

10,920,000

8,080,800

8,080,800

-

74%

-

-

68%

4.9%
2018

10,897,545

8,064,183

8,064,183

-

74%

-

-

70%

5.2%
2017

10,897,545

7,628,282

7,628,282

-

70%

-

-

73%

6.8%

FGB Pre-Merger Dividends

Year

No. of shares issued ('000)

Cash Dividends¹ (AED '000)

Cash Dividend (% of Capital)

Bonus Shares ('000)

Bonus Shares (% of Capital)

Dividend Payout Ratio²

Dividend Yield³
2016

4,500,000

4,500,000

100%

-

-

77%

7.8%
2015

4,500,000

4,500,000

100%

-

-

77%

7.9%
2014

3,900,000

3,900,000

100%

600,000

15%

71%

5.9%
2013

3,000,000

3,900,000

100%

900,000

30%

66%

5.3%
2012

3,000,000

2,500,000

83%

-

-

64%

7.2%
2011

1,500,000

1,500,000

100%

1,500,000

100%

43%

6.5%
2010^*

1,375,000

900,000

60%

75,000

5%

28%

3.3%
2009

1,375,000

677,000

49%

-

-

21%

3.1%
2008

1,375,000

477,400

35%

-

-

16%

3.8%
2007

1,250,000

250,000

20%

125,000

10%

12%

0.9%
2006

1,250,000

875,000

70%

-

-

57%

5.7%
2005

1,000,000

250,000

25%

250,000

25%

24%

1.0%

* Cash dividends of 60fils was based on 1,500 million shares (issued shares of 1,375 million + 125 million shares resulting from conversion of mandatory convertible bonds prior to dividend record date); Bonus shares totalling to 75 million were distributed to shareholders from the treasury shares held by the bank through its buyback program

NBAD Pre-Merger Dividends

Year

No. of shares issued ('000)

Cash Dividends¹ (AED '000)

Cash Dividend (% of Capital)

Bonus Shares ('000)

Bonus Shares (% of Capital)

Dividend Payout Ratio²

Dividend Yield³
2016

5,254,546

2,364,546

45%

-

-

45%

4.5%
2015

5,209,723

2,344,375

45%

-

-

45%

5.7%
2014

4,736,112

1,894,445

40%

473,611

10%

34%

3.1%
2013

4,305,556

1,722,222

40%

430,556

10%

36%

3.5%
2012

3,874,558

1,356,095

35%

387,456

10%

31%

4.5%
2011

2,870,043

861,013

30%

1,004,515

35%

23%

4.9%
2010

2,391,703

717,511

30%

478,341

20%

19%

5.5%
2009

2,174,275

217,428

10%

217,428

10%

7%

1.9%
2008

1,976,614

592,984

30%

197,661

10%

20%

8.7%
2007

1,591,304

636,522

40%

318,261

20%

25%

5.5%
2006

1,224,080

489,632

40%

367,224

30%

23%

7.8%
2005

941,600

376,640

40%

282,480

30%

15%

3.9%

1) Based on number of shares issued as of 31 December of the relevant financial year; does not factor in change in number of shares post year-end

2) 127.6Mn new shares were issued in lieu of cash at AED 17.97 / share to shareholders registered on dividend record date; Issue price was the average closing price for the last 6 months of FY'21 (July - Dec 2021).

3) Payout ratio is based on Net Profit Attributable to Equity holders after deduction of interest on Tier 1 capital notes (on accrual basis).

4) Dividend yield is based on closing price as of 31 December of last traded day of the relevant financial year

Unclaimed Dividend Inquiry

FGB Pre-Merger History

NBAD Pre-Merger History