Al Rajhi recommends 25% dividend for H217

18/02/2018 Argaam

 

Al Rajhi Bank’s board of directors has recommended a 25 percent cash dividend for the second half of 2017, at SAR 2.5 per share, amounting to SAR 4.063 billion.

 

The bank distributed SAR 2.25 per share cash dividend for fiscal year 2016, and SAR 1.5 per share in 2015, according to data compiled by Argaam.

 

Cash Dividend Details (H2 2017)

Current Capital

SAR 16.25 bln

Number of shares

1.625 bln

Cash dividend

SAR 4.063 bln

Percent capital

25% (SAR 2.5 per share)

Record date

General assembly meeting

Payment date

To be determined

Dividend for FY 2017

Total cash dividend

SAR 6.501 bln

Percent of capital

40% (SAR 4/share)

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