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.

 

Dividend Details (H2 2018)

Current Capital

SAR 15 bln

Number of shares

1.5 bln

Dividend

SAR 1.5 bln

Percentage of capital

10% (SAR 1 per share)

Record date

April 1, 2019

Payment date

April 10, 2019

Dividend for FY 2018

Total dividend

SAR 2.94 bln

Percentage of capital

19.6% (SAR 1.96/share)

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