Mubasher: Riyad Bank said its extraordinary general meeting (EGM) will discuss on 27 March a 3% cash dividend payout, equivalent to 30 halala, for the second half of 2016, according to a bourse statement.
Shareholders of record at the end of the trading session on 27 March will be entitled to receive the cash dividends, which will be distributed as of 10 April 2017.
Total dividend payout for the fiscal year which ended on 31 December 2016 reached SAR 1.95 million, representing 6.5% of the capital.
