Riyadh – Mubasher: The general assembly meeting of Aljazira Bank on Wednesday approved the board of directors’ recommendation to distribute SAR 246 million dividends to shareholders for the second half (H2) of 2019.
At SAR 0.30 per share, after deducting Zakat, or 3% of the share’s nominal value, the cash dividends will be distributed starting from 5 May 2020.
The eligibility for dividends will be to the shareholders who own shares at the end of trading on 15 April and are registered in the bank’s shareholders register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the due date.
Moreover, shareholders approved the board’s annual report for fiscal year (FY) 2019, as well as the financial statements and the external auditor’s report for last year.
