Alinma Bank’s shareholders have approved a 10 percent cash dividend for the fiscal year 2018, at SAR 1 per share, amounting to SAR 1.49 billion.
Shareholders have also elected board members for the upcoming three-year term staring on May 21, 2019.
The new board includes Abdulaziz Al Zamil, Abdulmohsen A. Al-Fares, Hamad albazi, Mohammed bin Dayel, Abdulmuhsin A. Al-Hussein, Abdulmalik Al Hugail, Saud Al Nemer, Mutlaq Al-Morished and Haitham bin Rashed Bin Mubarak.
Dividend Details (FY 2018) |
|
Current Capital |
SAR 15 bln |
Number of shares* |
1.5 bln |
Dividend |
SAR 1.49 bln |
Percentage of capital |
10% (SAR 1 per share) |
Record date |
March 26, 2019 |
Payment date |
April 10, 2019 |
* The number of eligible shares is 1.49 bln shares after deducting 10.03 mln shares of treasury stocks.
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