Riyadh – Mubasher: The board of Saudi British Bank (SABB) has recommended a cash dividend distribution, equivalent to 3.6% of the share par value, for the second half (H2) of 2021.

The cash dividend payout stands at SAR 0.36 per share, aggregating at a total value of SAR 740 million, according to a bourse filing on Tuesday.

It is noteworthy to mention that in 2021, the bank achieved SAR 3.2 billion net profits, compared to net losses of SAR 4.17 billion in 2020.

Source: Mubasher

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