Riyadh – Mubasher: The board of directors of the National Commercial Bank (NCB) has approved distributing 11% cash dividends to shareholders for the first half of 2019.
The Saudi lender will pay a total of SAR 3.3 billion, or SAR 1.1 per share, for H1-19, according to the bank’s statement to the Saudi Stock Exchange (Tadawul) on Monday.
The Eligibility date shall be at the end of the trading day, 1 August, for the shareholders registered in Depository Center (Edaa) at the end of the second trading day following the dividends distribution date.
NCB noted that dividends will be distributed on 21 August.
