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Samba’s board recommend SAR 0.7/shr dividends

Samba’s board recommend SAR 0.7/shr dividends
The board recommended the distribution of SAR 1.394 billion in cash dividends
SAMBA
1090
4.62% 38.50 1.70

Riyadh – Mubasher: Samba Financial Group’s board of directors has recommended the distribution of SAR 1.394 billion in cash dividends for the second half (H2) of 2019.

With the number of eligible shares standing at two billion shares, the dividends will be distributed at SAR 0.70 per share, representing 7% of the share’s par value, according to the company’s statement to the Saudi Stock Exchange (Tadawul).

Dates of the next general assembly meeting, which will vote on the recommendation, and the distribution are yet to be announced.