Saudi British Bank’s (SABB) shareholders have approved a 10 percent cash dividend for the second half of 2018, at SAR 1 per share, amounting to SAR 1.5 billion.
The general assembly has also delegated the bank’s board of directors to distribute dividend for FY 2019.
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Dividend Details (H2 2018) |
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Current Capital |
SAR 15 bln |
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Number of shares |
1.5 bln |
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Dividend |
SAR 1.5 bln |
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Percentage of capital |
10% (SAR 1 per share) |
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Record date |
April 1, 2019 |
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Payment date |
April 10, 2019 |
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Dividend for FY 2018 |
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Total dividend |
SAR 2.94 bln |
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Percentage of capital |
19.6% (SAR 1.96/share) |
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