NBAD MENA issues 2% dividend

ABU DHABI / WAM

The MENA Income and Growth Fund of the National Bank of Abu Dhabi (NBAD) earned dividend income equivalent to AED2,832,060.85 which equates to an annualised yield of 4.00 per cent during the period from 5th February, 2016, to 4th August, 2016. Eligible investors who had successfully subscribed to the fund by 4th August, 2016, were entitled for a semi-annual dividend distribution which equals to 2.00 per cent of the net asset value (NAV) of the fund as of 4th August, 2016.

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