Mubasher: Samba Financial Group announced on Thursday that the board of directors has approved the general assembly’s recommendation regarding the distribution of cash dividends for the second half of 2017.
The company will distrbute dividends with a total amount of SAR 1.5 billion, at SAR 0.75 per share, representing 7.5% of the nominal value, Samba said in a statement to the Saudi Stock Exchange (Tadawul).
The dividends will be distributed for the current outstanding 2 billion shares, and the entitlement will be for the shareholders registered in the Tadawul Securities Depository at the end of trading day of the general assembly meeting to be held in the first half of 2018.
