Alinma Bank plans 5% dividend for FY16

20/12/2016 Argaam

Alinma Bank’s board of directors recommended on Tuesday a 5 percent cash dividend to be issued at the rate of SAR 0.50 per share for the financial year 2016.

Cash Dividend Details (H2-2016)

Current Capital

SAR 15 bln

Number of shares

1.5 bln shares

Cash dividend

SAR 745 mln

Percent capital

5% (SAR 0.50/share)

Record date

General assembly meeting

Payment day

To be determined later


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