Al Rajhi Bank shareholders approve H2 cash dividends

Riyadh-Mubasher: Al Rajhi Bank said shareholders, in an ordinary general meeting held on Monday, gave a nod to the payment of cash dividends for the second half of 2015 at 10% of capital, or SAR 1 a share, according to a bourse filing posted Tuesday.

Shareholders of record on 28 March are eligible for the dividends which will be paid on 4 April.

During the meeting, shareholders also approved 2015 financial statements and the board's report.

The bank’s FY15 net earnings reached SAR 7.13 billion, up 4.3% from SAR 6.83 billion a year earlier.

Mubasher Contribution Time: 29-Mar-2016 05:34 (GMT)