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.

 

 Cash Dividend Details

SAR 12,054 mln

Current capital

1205.4 mln shares

Number of shares

SAR 602.68 mln

Cash dividend

5% ( SAR 0.50/share)

Percent of capital

July 23, 2015

Record date

August 6, 2015

Payment day

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