The National Commercial Bank (NCB), Saudi Arabia’s largest bank in terms of assets, agreed on Thursday to issue a 6.5 percent cash dividend at SAR 0.65 per share for the second half of 2014.
The bank also elected nine new board members for the coming three-year term starting May 1.
|
Cash Dividend Details |
|
|
SAR 20,000 mln |
Current capital |
|
2,000 mln shares |
Number of shares |
|
SAR 1,296.5 mln |
Cash dividend |
|
6.5% ( SAR 0.65/share) |
Percent of capital |
|
April 8, 2015 |
Record date |
|
April 19, 2015 |
Payment day |
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