The board of Arab National Bank has recommended distributing a 4.5 percent cash dividend at the rate of SAR 0.45 per share for the second half of 2016, the company said in a statement.
This takes the total dividend for the fiscal year 2016 to SAR 0.90 per share.
|
Cash Dividend Details (H2-2016) |
|
|
Total amount |
SAR 450 mln |
|
Percent of capital |
4.5% (SAR 0.45/share) |
|
Record date |
General Assembly day (Q1-2017) |
|
Payment day |
To be determined |
|
Dividend for FY-2016 |
|
|
Total cash dividend |
SAR 900 mln |
|
Percent of capital |
9% (SAR 0.90/shares) |
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