Alinma Bank’s board of directors has recommended a 10 percent cash dividend for the fiscal year 2018, at SAR 1 per share, amounting to SAR 1.49 billion.
The bank has distributed dividend of SAR 0.5 per share for the fiscal years 2014, 2015 and 2016 while it was raised to SAR 0.8 per share for the fiscal year 2017, according to data available on Argaam.
|
Dividend Details (FY 2018) |
|
|
Current Capital |
SAR 15 bln |
|
Number of shares* |
1.5 bln |
|
Dividend |
SAR 1.49 bln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
General assembly meeting |
|
Payment date |
To be determined |
* The number of eligible shares is 1.49 bln shares after deducting 10.03 mln shares of treasury stocks.
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