Saudi British Bank’s (SABB) board of directors has recommended a 7.1 percent cash dividend to be issued at the rate of SAR 0.70 per share for the first half of 2017.

 

Dividends distributed to non-resident foreign investors through a resident financial broker are subject to 5 percent tax deduction, as per the income tax law, the bank said in a statement.

Cash Dividend Details (H1 2017)

Current Capital

SAR 15 bln

Number of shares

1.5 bln

Cash dividend

SAR 1.065 bln

Percent capital

7.1% (SAR 0.71/share)

Record date

Aug. 3, 2017

Payment day

Aug. 17, 2017

Comments 0

Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website