GFH recommends an increase in dividends to 6.2 per cent

MANAMA: GFH Financial Group (GFH) announced that its Board has approved an increase in the proposed cash dividend from 5.5% (which was previously published in local newspapers and markets) to 6.2% on par value (US$0.0164 per share excluding treasury shares), subject to approval by the General Assembly. The Board of Directors also recommended implementing the interim dividend distribution policy on a semi-annual basis starting this year, subject to regulatory approvals.