The National Commercial Bank’s (NCB) board of directors has recommended an 11 percent cash dividend for the first half of 2017, at SAR 1.1 per share, amounting to nearly SAR 2.2 billion.

 

Cash Dividend Details (H1 2017)

Current Capital

SAR 20 bln

Number of shares

2 bln

Cash dividend

SAR 2.2 bln

Percent capital

11% (SAR 1.1 per share)

Record date

June 18, 2017

Payment date

July 6, 2017

*The number of eligible shares after deducting treasury stocks is 1.997 billion shares.

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