Saudi British Bank’s (SABB) general assembly has approved a 7.1 percent cash dividend for the second half of 2017, at SAR 0.71 per share, amounting to SAR 1.065 billion.
Shareholders also delegated the bank’s board of directors to distribute cash dividend for the fiscal year 2018, on a quarterly or semi-annual basis.
Cash Dividend Details (H2 2017) |
|
Current Capital |
SAR 15 bln |
Number of shares |
1.5 bln |
Cash dividend |
SAR 1.065 bln |
Percent capital |
7.1% (SAR 0.71 per share) |
Record date |
March 28, 2018 |
Payment date |
April 8, 2018 |
Dividend for FY 2017 |
|
Total cash dividend |
SAR 2.13 bln |
Percent of capital |
14.2% (SAR 1.42/share) |
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