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Bank Aljazira to pay SAR 287m dividends for H2-21

Bank Aljazira to pay SAR 287m dividends for H2-21
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Riyadh – Mubasher: The board of Bank Aljazira has decided to distribute cash dividends worth SAR 287 million, accounting for 3.5% of the capital, for the second half (H2) of 2021.

The Saudi listed bank will pay a dividend of SAR 0.35 per share (net of Zakat) for 820 million eligible shares, according to a recent bourse filing.

The eligibility and distribution dates will be on 13 February and 21 February, respectively.

It is worth noting that in 2021, Bank Aljazira’s net profits soared to SAR 1 billion, compared to SAR 33.8 million in 2020.