National Commercial Bank’s (NCB) shareholders are set to vote on an 11 percent cash dividend for the second half of 2018 durng the general assembly meeting on April 10, 2019.
Shareholders will also vote on purchasing the bank’s shares up to SAR 125 million or 3.2 million sharesto allocate them for employee incentive program.
|
Dividend Details (H2 2018) |
|
|
Current capital |
SAR 30 bln |
|
Number of shares |
3 bln |
|
Dividend* |
SAR 3.288 bln |
|
Percentage of capital |
11% (SAR 1.1/share) |
|
Record date |
April 10, 2019 |
|
Payment day |
To be determined |
|
Dividend Details (FY 2018) |
|
|
Dividend |
SAR 6.278 bln |
|
Percentage of capital |
21% (SAR 2.1/share) |
* The number of eligible shares is 2.98941 billion share after subtracting treasury stocks.
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