Here are a few things you need to know as Saudi stocks start trading on Sunday.
1) Saudi British Bank’s (SABB) board of directors has recommended a 10 percent cash dividend for the second half of 2018, at SAR 1 per share, amounting to SAR 1.5 billion.
2) SEDCO Capital REIT Fund will pay a 1.53 percent cash dividend for the fourth quarter of 2018, at SAR 0.1525 per unit, amounting to SAR 9.15 million.
3) Banque Saudi Fransi’s (BSF) board of directors has recommended an 8 percent cash dividend for the second half of 2018, at SAR 0.8 per share, amounting to SAR 959.49 million.
4) Samba Financial Group’s (Samba) board of directors has recommended a 10 percent cash dividend for the second half of 2018, at SAR 1 per share, amounting to SAR 2 billion.
5) Assets held by the Saudi Arabian Monetary Authority (SAMA), the Kingdom’s central bank, decreased by SAR 7.5 billion month-on-month to SAR 1.92 trillion in November.
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