Bank Albilad announces that the board of directors has recommended the distribution of dividend to the shareholders for period the second half of 2017
The Board of Directors of Bank Albilad has recommended on 27/04/1439 H corresponding to 14/01/2018 the distribution of dividend to the shareholders for the period the second half of 2017 as following:
1.Total amount of distribution of dividend is SAR 240 Millions
2.Dividend per share SAR 0.4
3.Dividend represents 4% of the Face value.
4.This dividend will be distributed over the current outstanding 600 million shares
5. The eligibility of dividends shall be for the shareholders owning shares at the end of the day of the General Assembly meeting of the bank and registered in the registers of the company of the Depository Center (EDAA) by the end of the second trading day of the date of the General Assembly meeting, which will be announced at a later stage.
6. The date of distribution will be announced later