Al Rajhi Bank’s board of directors has recommended a 25 percent cash dividend for the second half of 2017, at SAR 2.5 per share, amounting to SAR 4.063 billion.
The bank distributed SAR 2.25 per share cash dividend for fiscal year 2016, and SAR 1.5 per share in 2015, according to data compiled by Argaam.
|
Cash Dividend Details (H2 2017) |
|
|
Current Capital |
SAR 16.25 bln |
|
Number of shares |
1.625 bln |
|
Cash dividend |
SAR 4.063 bln |
|
Percent capital |
25% (SAR 2.5 per share) |
|
Record date |
General assembly meeting |
|
Payment date |
To be determined |
|
Dividend for FY 2017 |
|
|
Total cash dividend |
SAR 6.501 bln |
|
Percent of capital |
40% (SAR 4/share) |
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