Mubasher TV
Contact Us Advertising   العربية

Al-Rajhi Bank proposes SAR 0.75/shr dividend for H2

Al-Rajhi Bank proposes SAR 0.75/shr dividend for H2
Al-Rajhi Bank said the board recommended cash dividend for H2 2014 at 7.5% of the stock par value, or SAR 0.75 per share, totaling SAR 1,219 million, according to Tadawul website.
Shareholders of record until the close of trading on the ordinary general meeting date, to be defined later, are eligible for this dividend.
The payment date will be announced later.
Al-Rajhi reported SAR 1,520 million net earnings for the fourth quarter of 2014, falling 1.75% year-on-year from SAR 1,547 million and 8.54% quarter-on-quarter from SAR 1,662 million.
The full-year net earnings also decreased by 8.09% to SAR 6,836 million, compared with SAR 7,438 million in 2013.
Photo Credit: Arabianeye-Reuters