Alinma approves dividend for FY 2018, elects board members
Alinma Bank’s shareholders have approved a 10 percent cash dividend for the fiscal year 2018, at SAR 1 per share, amounting to SAR 1.49 billion.
Shareholders have also elected board members for the upcoming three-year term staring on May 21, 2019.
The new board includes Abdulaziz Al Zamil, Abdulmohsen A. Al-Fares, Hamad albazi, Mohammed bin Dayel, Abdulmuhsin A. Al-Hussein, Abdulmalik Al Hugail, Saud Al Nemer, Mutlaq Al-Morished and Haitham bin Rashed Bin Mubarak.
Dividend Details (FY 2018)
SAR 15 bln
Number of shares*
SAR 1.49 bln
Percentage of capital
10% (SAR 1 per share)
March 26, 2019
April 10, 2019
* The number of eligible shares is 1.49 bln shares after deducting 10.03 mln shares of treasury stocks.