Jul 11 2011 |
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Al Rajhi Bank distributes SR 1,875 Billion to its shareholders for the first half of 2011
The Managing Director and CEO of Al Rajhi Bank Mr. Abdullah bin Sulaiman Al Rajhi has announced that Al Rajhi Banks Board of Directors agreed on distributing SR 1,875 Million as dividends to its shareholders for the first half of the fiscal year 2011. The dividends will be SR 1.25 per share after the deduction of Zakat, in which represent 12.50% of the nominal value of shares. All shareholders registered at the bank at the end of the trading day of Monday 18/07/2011 will be eligible to the dividends. However, the dividends will be transferred to the current accounts of the customers on Monday 25/07/2011. Mr. Alrajhi clarified that this distribution of dividends came to assure the continuous efforts of the Board of Directors in achieving considerable and constant profits to the banks shareholders. © Tadawul 2011Zawya Comment Policy
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