Riyadh - Mubasher: The board of Al Inma Bank recommended the distribution of cash dividends at SAR 0.5 per share for the fiscal year 2016, according to the bank’ statement to the Saudi Stock Exchange (Tadawul) on Tuesday.
The cash dividends total SAR 745 million or 50% of capital, and will be distributed amony 1.5 billion shares, after 10 million shares that represent the bank’s treasury were deducted.
Previously, Al Inma general assembly approved on 29 March 2016 the distribution of dividends at SAR 50 per share for 2015.
