Saudi Investment Bank shareholders set to receive $80m dividends for H1
- Date: 24-Jul-2022
- Source: Eye of Riyadh
- Sector:Financial Services
- Country:Saudi Arabia
Saudi Investment Bank shareholders set to receive $80m dividends for H1
The Saudi Investment Bank, known as SAIB, will distribute cash dividends amounting to SR300 million ($80 million) for the first half of 2022. The per-share payout stands at SR0.30 which will be distributed to 1 billion eligible shareholders on Aug. 14, a bourse filing revealed. Last year, SAIB paid an annual dividend of SR0.70 per share — the highest in years, after freezing dividends