Riyad Bank’s general assembly approved a 4 percent cash dividend for the second half of 2018, at SAR 0.40 per share, amounting to SAR 1.2 billion.
The bank’s shareholders also delegated the board of directors to distribute cash dividend for FY 2019 along with determining eligibility and distribution dates according to rules and regulations issued by the Capital Market Authority (CMA).
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Dividend Details (H2 2018) |
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Current Capital |
SAR 30 bln |
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Number of shares |
3 bln |
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Dividend |
SAR 1.2 bln |
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Percentage of capital |
4% (SAR 0.40 per share) |
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Record date |
March 19, 2019 |
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Payment date |
April 2, 2019 |
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Dividend for FY 2018 |
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Total dividend |
SAR 2.31 bln |
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Percentage of capital |
7.7% (SAR 0.77/share) |
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