AI Summary
Banque Saudi Fransi’s board of directors recommended on Thursday a five percent cash dividend to be issued at SAR 0.50 per share for the first half of 2015.
The announcement came shortly after it reported second quarter financial results.
The bank’s Q2 net profit stood at SAR 1.01 billion, compared to 1.06 billion in the previous quarter. Overall, it reported a 19 percent net profit increase for the first half of 2015 to 2.1 billion, compared to the same period last year.
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Cash Dividend Details |
|
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SAR 12,054 mln |
Current capital |
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1205.4 mln shares |
Number of shares |
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SAR 602.68 mln |
Cash dividend |
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5% ( SAR 0.50/share) |
Percent of capital |
|
July 23, 2015 |
Record date |
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August 6, 2015 |
Payment day |
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