Riyadh-Mubasher: Saudi British Bank (SABB), the kingdom's fifth-largest bank by assets, said the board recommended cash dividends for the second half of 2015 at 3.50% of the stock’s par value, or SAR 0.35 a share after zakat, totalling SAR 525 million, according to the lender’s statement to the Saudi bourse - Tadawul.
Shareholders of record on the general meeting date – expected in the first quarter of 2015 – will be eligible for the dividends.
The payment date will be announced later.
