Alinma Bank plans 8% dividend for FY17

13/12/2017 Argaam

 

Alinma Bank’s board of directors has recommended an 8 percent cash dividend for fiscal year 2017, to be issued at SAR 0.8 per share, amounting to SAR 1.19 billion.

 

Cash Dividend Details (2017)

Current Capital

SAR 15 bln

Number of shares*

1.5 bln

Cash dividend

SAR 1.192 bln

Percent capital

8% (SAR 0.8 per share)

Record date

General assembly meeting

Payment date

To be determined

* The number of eligible shares is 1.489 billion, after deducting 10 mln shares of treasury stocks.

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