Arab National Bank recommends dividend for H2 2017

21/12/2017 Argaam

Arab National Bank’s (ANB) board of directors has recommended a 6.5 percent cash dividend for the second half of 2017, to be issued at SAR 0.65 per share, amounting to SAR 650 million.

 

 Cash Dividend Details (H2 2017)

Current Capital

SAR 10 bln

Number of shares

1 bln

Cash dividend

SAR 650 mln

Percent capital

6.5% (SAR 0.65 per share)

Record date

General assembly meeting in Q1 2018

Payment date

To be determined

Dividend for FY 2017

Total cash dividend

SAR 1.2 bln

Percent of capital

12% (SAR 1.2/share)

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