Riyadh – Mubasher: The Arab National Bank (ANB) announced the distribution of SAR 750 million in cash dividend to shareholders for the second half (H2) of 2019.

Dividends per share will be SAR 0.5, after Zakat deduction, representing 5% of the share’s par value, according to the bank’s statement to the Saudi Stock Exchange (Tadawul) on Sunday.

The number of eligible shares stands at 1.5 billion shares. Moreover, eligibility for dividends will be for shareholders owning shares as of end of trading on the Ordinary General Meeting (OGM) Date and who are registered with the Securities Depository Center at the end of the second trading day following the OGM, which will be held in Q1-20.

 

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.