Saudi British Bank’s (SABB) board of directors has recommended a 10 percent cash dividend for the second half of 2018, at SAR 1 per share, amounting to SAR 1.5 billion.

 

The bank has paid SAR 1.42 per share cash dividend for fiscal year 2017 and SAR 0.7 per share for fiscal year 2016, according to data compiled by Argaam.

 

Dividend Details (H2 2018)

Current Capital

SAR 15 bln

Number of shares

1.5 bln

Dividend

SAR 1.5 bln

Percentage of capital

10% (SAR 1 per share)

Record date

To be determined

Payment date

To be determined

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