Cash Dividends

Net interest income rose by 2% to AED 12.77 billion

28 January 11:19 AM FAB sees 4% higher net profits in 2019

Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) reported a 4% year-on-year increase in net profits, reaching AED 12.52 billion during fiscal year 2019 from AED 12.01 billion in 2018, the bank’s full-year financial results for 2019 showed. As for …

Financial Results

Board of Directors recommended not distributing dividends

28 January 11:16 AM First Dubai’s profits down 69% in 2019

Mubasher: Net profits attributed to the shareholders of First Dubai for Real Estate Development declined by 69% year-on-year (YoY) during the fiscal year ended 31 December 2019, as shown by the company's consolidated financial statements. The …

he proposed dividends represent 38% of the paid-up capital

27 January 05:48 PM ADCB proposes AED 2.64bn cash dividend in 2019

Abu Dhabi – Mubasher: The board of Abu Dhabi Commercial Bank (ADCB) has recommended paying a cash dividend of AED 2.64 billion or AED 0.38 dividend per share for fiscal year 2019. The proposed dividends represent 38% of the paid-up capital, …

The total value of dividends amounted to SAR 246 million

26 January 04:24 PM Bank Aljazira’s board proposes SAR 0.30/shr dividends for H2-19

Riyadh – Mubasher: The board of directors of Bank Aljazira recommended a cash dividend distribution of SAR 0.30 per share for the earnings of the second half of 2019. The total value of dividends amounted to SAR 246 million, excluding applicable …

Board of Directors

Dividends will be distributed on 44.85 million shares

26 January 10:54 AM NMC’s board proposes SAR 89.7m dividends for 2019

Riyadh – Mubasher: The board of National Medical Care Company (NMC) recommended a cash dividend distribution of SAR 2 per share for the fiscal year ended 31 December 2019. Total dividends will amount to SAR 89.7 million and will be distributed on …

The company suffered a loss of KWD 5.1 million in Q4-19

23 January 09:35 AM Al Imtiaz Investment records KWD 19.7m profit in 2019; dividends proposed

Mubasher: The profits of Al Imtiaz Investment Group slid by 1.5% year-on-year (YoY) during the fiscal year ended on 31 December 2019 to reach KWD 19.72 million ($65.07 million) when compared to KWD 20.02 million ($66.08 million). The lower annual …

Board of Directors

The distribution date will be announced later

22 January 05:00 PM stc to distribute SAR 1/shr dividends

Riyadh – Mubasher: Saudi Telecom Company (stc) announced that it will distribute SAR 2 billion interim dividends to shareholders for the fourth quarter (Q4) of 2019. Dividends will be distributed at SAR 1 per share, representing 10% of the share’s …

Dividends will be distributed at SAR 0.165 per unit

21 January 11:41 AM SEDCO Capital REIT to distribute dividends next week

Riyadh – Mubasher: Saudi Economic and Development Securities Company (SEDCO Capital) announced that the distribution of cash dividends to SEDCO Capital REIT Fund unitholders will begin on Sunday 26 January. The REIT fund manager recently announced …

A total SAR 40 million in cash dividends will be distributed to shareholders

21 January 11:14 AM Ataa shareholders approve SAR 1/shr dividends

Riyadh – Mubasher: The extraordinary general assembly meeting (EGM) of Ataa Educational Company has approved the distribution of SAR 40 million of cash dividends to shareholders for the fiscal year that ended on 31 July 2019. Dividends will be …

NBK’s profits recorded KED 99.12 million in Q4-19

20 January 04:25 PM NBK’s profits hit KWD 401m in 2019; dividends proposed

Mubasher: The annual financial statements of the National Bank of Kuwait (NBK) revealed an increase in profits by 8.3% year-on-year (YoY) over the last fiscal year ended 31 December 2019. The profits reached KWD 401.29 million ($1.33 billion) in …

Board of Directors

The bank reported KWD 17.42 million profits in Q4-19

20 January 12:58 PM Boubyan Bank logs 12% higher profits in 2019; dividends approved

Mubasher: The net profits of Boubyan Bank grew by 12% year-on-year (YoY) at KWD 62.65 million ($206.98 million) during the fiscal year ended 31 December 2019 when compared to KWD 56.11 million ($185.37 million). Earnings per share (EPS) …

Mulkia Investment will distribute SAR 10.2 million to the REIT unitholders

16 January 10:18 AM Mulkia Gulf REIT to distribute SAR 0.17/unit

Riyadh – Mubasher: Mulkia Investment Company announced the distribution of SAR 10.2 million in cash dividends to Mulkia Gulf Real Estate REIT Fund unitholders for the fourth quarter (Q4) of 2019. The amount of profit distributed per unit stands at …

The bank’s issued capital will increase to $390m

15 January 05:56 PM EG Bank to distribute bonus shares early February

Cairo – Mubasher: Egyptian Gulf Bank (EG Bank) has announced that it will begin the distribution of bonus shares on Monday, 3 February. The value of a bonus share will equal 0.069 of a regular share before the increase of the bank’s capital, …

The distribution amount represents 1.9% of the REIT fund unit’s original price

13 January 05:01 PM Jadwa REIT Saudi to distribute SAR 0.19/unit

Riyadh – Mubasher: Jadwa Investment Company announces the distribution of SAR 30.02 million cash dividend to Jadwa REIT Saudi Fund’s unitholders for the fourth quarter (Q4) of 2019. SAR 0.19 will be distributed per unit to 158 million units, …

Al Mashaar REIT unitholders will recieve a total SAR 14.88 million

13 January 10:42 AM Al Mashaar REIT to distribute SAR 0.26/unit

Riyadh – Mubasher: Muscat Capital announced a SAR 14.88 million cash distribution of profits to the unitholders of Al Mashaar REIT for the period between 1 July and 31 December 2019. With 57.24 million units, the distribution will be at SAR 0.26 …

Fund unit holders will receive a total SAR 8.16 million in cash dividends

12 January 10:37 AM Taleem REIT Fund to distribute SAR 0.16/unit

Riyadh – Mubasher: Saudi Fransi Capital announced the distribution of SAR 8.16 million in cash dividends to Taleem REIT Fund unitholders for the period from 1 October to 31 December 2019. Cash distributions will be based on 51 million existing …

The board recommended the distribution of SAR 1.394 billion in cash dividends

9 January 05:26 PM Samba’s board recommend SAR 0.7/shr dividends

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 on 27 January 2020

6 January 01:05 PM Al Moammar recommends SAR 1/shr dividends

Riyadh – Mubasher: Al Moammar Information Systems Company’s board of directors has recommended distributing SAR 16 million in cash dividends to shareholders for the second half (H2) of last year. Dividends will be distributed on 27 January 2020 at …

Profits distributed per unit stand at SAR 0.35

2 January 10:10 AM Musharaka to distribute SAR 0.35/unit to REIT unitholders

Riyadh – Mubasher: Musharaka Capital announced a SAR 30.08 million cash distribution to the unitholders of the Musharaka REIT for the second half (H2) of 2019. The amount of profits distributed per unit stands at SAR 0.35, representing 3.5% of the …

The amount of profit distributed per unit stands at SAR 0.187

1 January 05:20 PM Derayah to distribute SAR 20m for REIT unitholders

Riyadh – Mubasher: Derayah Financial announced a SAR 20.06 million cash distribution to the unitholders of the Derayah REIT for the fourth quarter (Q4) of 2019. The amount of profit distributed per unit stands at SAR 0.187, or 1.87% of the unit’s …

The bank's board recommended SAR 1.234 billion in cash dividends

1 January 05:12 PM SABB to distribute SAR 0.6/shr for H2-19

Riyadh – Mubasher: The Saudi British Bank (SABB) board has recommended the distribution of cash dividends to shareholders for the second half (H2) of 2019 at SAR 1.234 billion. This translates to SAR 0.60 per share, equivalent to 6% of the share’s …

SIIG will distribute SAR 0.75 per share

1 January 11:38 AM SIIG to distribute dividends on 12 Jan

Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) announced that the distribution of cash dividends to shareholders for the second half (H2) of 2019 will start on Sunday 12 January 2020. The company’s Board of Directors decided to …

Alafco reported a net profit of KWD 17.7 million in twelve months

31 December 2019 04:05 PM Alafco’s shareholders approve 8 fils/shr dividend

Mubasher: Alafco Aviation Lease and Finance Company announced that its ordinary general meeting (OGM) approved a cash dividend distribution of 8 fils per share, totalling KWD 7.62 million, for the fiscal year ended 30 September. The dividends …

The bank's recommended a total of SAR 1.2 billion dividends for H2

30 December 2019 05:41 PM Banque Saudi Fransi to distribute 10% dividends

Riyadh – Mubasher: The board of the Banque Saudi Fransi (BSF) has recommended the distribution of cash dividends to its shareholders for the second half (H2) of 2019. At SAR 1 per share or 10% of the share’s face value, the proposed dividends …

The Board of Directors recommended distributing SAR 1.65 billion dividends

30 December 2019 10:58 AM Riyad Bank recommends SAR 0.55/shr dividends

Riyadh – Mubasher: Riyad Bank’s board of directors has recommended the distribution of SAR 1.65 billion in cash dividends to shareholders for the second half (H2) of 2019. This means that out of three billion shares, dividends per share stand at …