NCB plans 11% dividend for H2 2018

23/12/2018 Argaam

National Commercial Bank’s (NCB) board of directors has recommended an 11 percent cash dividend for the second half of 2018, at SAR 1.1 per share, amounting to SAR 3.288 billion.

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

General assembly meeting

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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