AI Summary
National Commercial Bank’s (NCB) general assembly has approved a 10 percent cash dividend (SAR 1 per share) for the second half of 2016, bringing the total dividend issued for the full year to SAR 1.6 per share.
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Cash Dividend Details (H2 2016) |
|
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Current capital |
SAR 20 bln |
|
Number of shares* |
2 bln |
|
Cash dividend |
SAR 2 bln |
|
Percent capital |
10% (SAR 1/share) |
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Record date |
May 7, 2017 |
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Payment day |
May 14, 2017 |
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Dividend for FY 2016 |
|
|
Total cash dividend |
SAR 3.2 bln |
|
Percent of capital |
16% (SAR 1.6/share) |
* Number of eligible shares is 1.997 billion shares after deducting treasury shares.
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