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SNB to distribute SAR 0.65/shr dividend for H1-21

SNB to distribute SAR 0.65/shr dividend for H1-21
The bank will pay a total amount of SAR 2.91 billion
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Riyadh – Mubasher: The Saudi National Bank (SNB) will pay SAR 0.65 per share as a cash dividend, representing 6.5% of the share’s par value, for the first half (H1) of 2021.

The bank will pay a total amount of SAR 2.91 billion for 4.47 billion shares eligible for distribution, according to a bourse filing on Monday.

SNB announced the distribution date to be on 23 August, while the eligibility date will be on Thursday, 12 August.

During the first six months of 2021, the Saudi lender achieved net profits after Zakat and Tax worth SAR 5.52 billion.