Cairo – Mubasher: The ordinary general meeting of Al Rajhi Bank will be held on 28 March for looking into a number of items, including cash dividends for the second half of 2015.
The ordinary meeting will consider paying out cash dividends at 10% of capital, eligible for shareholders of record till the end of trading on the ordinary meeting date.
Earlier, the bank distributed H1-15 dividends at 5% of capital, or SAR0.50 a share. Thus, total distribution stood at 15% of capital.
The company operates with a paid-in issue of SAR16.25 billion, distributed over 1.63 million shares at SAR10 each.
On 21 March, the company’s stock rose 0.47% to SAR54.
