Riyadh – Mubasher: Samba Financial Group’s board of directors on Thursday approved distributing cash dividends at 75 halalas per share for the first half of 2017.
Total distributions amounted to SAR 1.5 billion, representing 7.5% of the share’s par value, according to a statement to the Saudi Stock Exchange (Tadawul).
Dividends will be distributed among shareholders of record by the end of the second trading day following the maturity date.
Eligibility will be for shareholders registered in the group’s register at the depository centre at the end of trading on Sunday, 6 August, while distributions will take place on Tuesday, 15 August.
Samba Financial Group’s stock shed 0.32%, closing at SAR 24.76 on Thursday.
