BML’s Record Dividend Signals Confidence, Growth and Shareholder Value

A landmark decision by shareholders of Bank of Maldives (BML) earlier this week is being seen as a strong signal of confidence in the Bank’s performance and future direction.

At its Annual General Meeting (AGM), held the day before yesterday, shareholders approved a record dividend payout of MVR 60 per share for 2025, amounting to a total of MVR 322,915,200—the largest in the Bank’s history. The approval also included the issuance of two bonus shares for every existing share held, further boosting returns for investors.

Beyond the headline figures, the move reflects a broader narrative of sustained growth and financial strength. BML’s performance continues to demonstrate resilience, supported by disciplined execution and a business model that has steadily delivered value in a competitive and evolving market.

CEO and Managing Director Mohamed Shareef highlighted the significance of the milestone, noting that the record dividend is a direct outcome of strong financial results and the trust placed in the Bank by its customers.

“Our strong financial performance this year has enabled us to propose a record dividend for our shareholders, reflecting the strength of our business and the trust our customers place in us. As the national bank, we continue to drive the Maldivian economy while delivering sustainable growth and creating long-term value through our investments in people, businesses, and communities.”

The dividend will be paid to shareholders listed in the Shareholders’ Register as of the Book Closure date.

Analysts and market observers say the scale of the payout—combined with the bonus share issuance—signals more than just a profitable year. It points to confidence in future earnings, strong capital positioning, and a commitment to inclusive growth.

Looking ahead, BML is expected to build on this momentum with a continued focus on digital transformation and expanding financial services, ensuring it remains well-positioned to meet the evolving needs of individuals and businesses across the Maldives.

For shareholders and the wider market alike, the message is clear: BML is not only delivering record returns today, but also laying the groundwork for sustained value in the years to come.