Al Rajhi Bank to issue 15% dividend for H2 2016

20/03/2017 Argaam

Al Rajhi Bank’s general assembly meeting on Sunday approved a proposal to pay shareholders a 15 percent cash dividend (SAR 1.5 per share) for the second half of 2016.

 

The second-half dividend, which will total SAR 2.4 billion, will be distributed to eligible shareholders on March 26.

 

Cash Dividend Details (H2 2016)

Current Capital

SAR 16,250 mln

Number of shares

1,625 mln

Cash dividend

SAR 2,438 mln

Percent capital

15% (SAR 1.5/share)

Record date

March 19, 2017

Payment date

March 26, 2017

 

Dividend for FY 2016

Total cash dividend

SAR 3,657 mln

Percent of capital

22.5% (SAR 2.25/share)

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.