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Al Rajhi Bank to pay 15% dividends for H1

Al Rajhi Bank to pay 15% dividends for H1
Dividends will be distributed on 1 August
ALRAJHI
1120
14.45% 80.00 10.10

Riyadh – Mubasher: The board of directors of Al Rajhi Bank decided to distribute 15% cash dividends to the shareholders for the first half of 2019, during the meeting held on Thursday, 18 June.  

The Saudi lender will pay a total of SAR 3.7 billion, or SAR 1.5 per share, for the first six months of 2019, according to the bank’s statement to the Saudi Stock Exchange (Tadawul) on Sunday.

The bank added that dividends will be distributed on 1 August.

The Eligibility date shall be at the end of trading day 24 June for the shareholders registered in Depository Center (Edaa) at the end of the second trading day following the dividends distribution date.