First Merchant Bank

Ticker code FMB Industry Regional Banks Livingstone Towers
Glyn Jones Road
Private Bag 122
Blantyre, Malawi
ISIN MW000A1C5MC8 Sector Financial
Initial Listing 19 June 2006 Financial Year End 31 December
Website www.fmbmalawi.com Results Released Half-yearly
Five Year Dividend Summary 2010 2011 2012 2013 2014
Dividends per share (tambala) 26.00 32.00 50.00 80.00 100.00
Share price at financial year end (tambala)                       650                       700                       850                    1,500                    1,896
Dividend yield 4.00% 4.57% 5.88% 5.33% 5.27%
Dividend payout ratio 34.2% 40.0% 34.2% 30.7% 42.7%
1 year dividend growth 0.00% 23.08% 56.25% 60.00% 25.00%
3 year DPS compound annual growth rate 24.36% 35.72% 25.99%
5 year DPS compound annual growth rate 30.92%
Weighted average of ordinary shares outstanding during the year 2,336,250 2,336,250 2,336,250 2,336,250 2,336,250
Ordinary shares outstanding at financial year end (‘000s) 2,336,250 2,336,250 2,336,250 2,336,250 2,336,250
Market capitalization (MWK ‘000s)         15,185,625         16,353,750         19,858,125         35,043,750         44,295,300