Riyad Bank approves 3% dividend for H2 2016

28/03/2017 Argaam

Riyad Bank’s general assembly has approved a 3 percent cash dividend (SAR 0.30 per share) for the second half of 2016, bringing the total dividend issued for the full year to SAR 0.65 per share.

 

Cash Dividend Details (H2 2016)

Current capital

SAR 30,000 mln

Number of shares

3,000 mln

Cash dividend

SAR 900 mln

Percent capital

3% (SAR 0.30/share)

Record date

March 27, 2017

Payment day

April 10, 2017

 

Dividend for FY 2016

Total cash dividend

SAR 1,950 mln

Percent of capital

6.5% (SAR 0.65/share)

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