Arab National Bank recommends dividend for H2 2017
21/12/2017
Argaam
Arab National Bank’s (ANB) board of directors has recommended a 6.5 percent cash dividend for the second half of 2017, to be issued at SAR 0.65 per share, amounting to SAR 650 million.
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Cash Dividend Details (H2 2017) |
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Current Capital |
SAR 10 bln |
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Number of shares |
1 bln |
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Cash dividend |
SAR 650 mln |
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Percent capital |
6.5% (SAR 0.65 per share) |
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Record date |
General assembly meeting in Q1 2018 |
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Payment date |
To be determined |
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Dividend for FY 2017 |
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Total cash dividend |
SAR 1.2 bln |
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Percent of capital |
12% (SAR 1.2/share) |
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