Saudi NCB proposes SAR 1.4bn dividends for H2-15

Riyadh-Mubasher: The National Commercial Bank's (NCB) board recommended cash dividends for the second half of 2015 at 7.5% of the stock's par value or, SAR 0.75 a share, totalling SAR 1.4 billion, the lender said in a bourse statement.

Shareholders of record until the close of trading on the general meeting date will be eligible for the dividends.

The dates of meeting and payment will be announced later.

 

 

Mubasher Contribution Time: 24-Dec-2015 12:59 (GMT)