SNB to disburse 8.5% of capital as dividends for H1-23
- Date: 27-Jul-2023
- Source: Mubasher
- Sector:Financial Markets
- Country:Saudi Arabia
SNB to disburse 8.5% of capital as dividends for H1-23
Riyadh – Mubasher: The Saudi National Bank (SNB) announced cash dividends after zakat amounting to SAR 5.10 billion, representing 8.50% of the capital, for the first half (H1) of 2023.
The lender will grant SAR 0.85 per share for 6 billion eligible shares, according to a bourse filing.
Meanwhile, the eligibility and payment dates for the dividends will be 1 and 13 August 2023, respectively.