06 July 2011
Rashed Abdulaziz Al-Rashed, Chairman of Riyad Bank, announced that the Banks Board of Directors has decided to distribute of dividends for the first half of 2011 of SAR 825 Million at 0.55 Halala per share, which represent 5.5% of the paid capital. The eligibility of the distribution of dividends will be for shareholders who are listed in the Bank's Shareholders Register by the end of trading day on Wednesday, 12/8/1432H corresponding to 13/7/2011G. The Bank will start payment of the said dividend as of Monday, 24/8/1432H corresponding to 25/7/2011G.
Al-Rashed, added that the distribution of the dividends for the first half reflects the banks commitment to maximizing the returns for the shareholders, and represents an extension to the dividend distributions made by the bank in previous years.
Finally, Al-Rashed pointed out that Riyad Bank dividend distributions, as usual, represent a good return to Riyad Bank shareholders.
Rashed Abdulaziz Al-Rashed, Chairman of Riyad Bank, announced that the Banks Board of Directors has decided to distribute of dividends for the first half of 2011 of SAR 825 Million at 0.55 Halala per share, which represent 5.5% of the paid capital. The eligibility of the distribution of dividends will be for shareholders who are listed in the Bank's Shareholders Register by the end of trading day on Wednesday, 12/8/1432H corresponding to 13/7/2011G. The Bank will start payment of the said dividend as of Monday, 24/8/1432H corresponding to 25/7/2011G.
Al-Rashed, added that the distribution of the dividends for the first half reflects the banks commitment to maximizing the returns for the shareholders, and represents an extension to the dividend distributions made by the bank in previous years.
Finally, Al-Rashed pointed out that Riyad Bank dividend distributions, as usual, represent a good return to Riyad Bank shareholders.
© Tadawul 2011
