| Element List |
Explanation |
| Introduction |
Samba Financial Group announces that its board of directors has resolved on Monday 29 July 2019 distributing interim cash dividends to the groups shareholders for the first half of 2019 as follows: |
| Board Resolution Date |
2019-07-29 Corresponding to 1440-11-26 |
| Total Amount of Dividend Distributed |
SAR 1.438 billion, excluding applicable Zakat and income taxes. |
| Number of eligible shares |
2 billion |
| Dividend per share |
72 Halalas net of Zakat. |
| Percentage of Dividend to the share book value |
7.2 % |
| Eligibility date |
The eligibility of dividends will be for shareholders on the eligibility date which is Tuesday 30/07/2019, registered in the groups records at the Depository Center (SDC) by the end of the second trading day following the eligibility date being Thursday 01/08/2019. |
| Dividend distribution date |
Tuesday 20/08/2019. |
| Additional Information |
We would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject (when transferred or credited to his bank account) to a tax deduction of 5%, in accordance with the provisions of article 68 of the income tax law and article 63 of its by-laws. |
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