NCB to issue 6.5% dividend for H2-2014

09/04/2015 Argaam

The National Commercial Bank (NCB), Saudi Arabia’s largest bank in terms of assets, agreed on Thursday to issue a 6.5 percent cash dividend at SAR 0.65 per share for the second half of 2014.

The bank also elected nine new board members for the coming three-year term starting May 1.

 

 Cash Dividend Details

SAR 20,000 mln

Current capital

2,000 mln shares

Number of shares

SAR 1,296.5 mln

Cash dividend

6.5% ( SAR 0.65/share)

Percent of capital

April 8, 2015

Record date

April 19, 2015

Payment day

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