BLOM Bank’s shares yield highest dividend. Audi raises dividend for the first time in recent years

BLOM Bank's common shares have yielded 8.9 percent in dividends for fiscal year 2016, the highest among listed banks.

BLOM was followed by Bank Audi with a dividend yield of 8.3 percent and Byblos Bank with a yield of eight percent. The dividend yields on the common shares of Bank of Beirut and Banque BEMO were 3.5 percent and 3.1 percent respectively.

"Our strategy is to pay a dividend that is not less than the previous dividend payout," said Alexandre Mouradian, head of Investor...

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