The Saudi British Bank’s (SABB) board of directors recommended on Thursday a four percent cash dividend to be issued at SAR 0.40 per share for the first half of 2015.

 

The announcement came shortly after the bank reported that its H1 net profit rose slightly by one percent to SAR 2.2 billion.

 

 Cash Dividend Details

SAR 15,000 mln

Current capital

1,500 mln shares

Number of shares

SAR 600 mln

Cash dividend

4% ( SAR 0.40/share)

Percent of capital

July 15, 2015

Record date

August 12, 2015

Payment day

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