Riyadh – Mubasher: The board of the National Commercial Bank (NCB) on Wednesday approved distributing cash dividends for the first half of 2017.
The bank will pay SAR 1.1 per share or 11% of the stock’s par value at a total value of SAR 2.2 billion, according to a bourse filing.
Shareholders registered at the end of trades on 18 June and on the bank’s records at the following day of trades on 20 June will be entitled to the dividends.
NCB will start the distributions as of 6 July, the statement said.
