The Board of Directors of Banque Saudi Fransi decided, in its meeting, yesterday, Wednesday, to distribute cash dividends to the bank's shareholders at 7.5% of the nominal value of the share at 0.75 riyals per share, with a total value of It amounts to 900.64 million riyals.
The bank said in a statement to the Saudi market (Tadawul), today, Thursday, that the number of shares entitled to dividends is estimated at about 1.20 billion shares.
He clarified that the right of distribution is to the shareholders who own the bank's shares at the end of trading July 21, 2022 and who are registered in the company's shareholders register with the Securities Depository Center Company (Edaa) at the end of the second trading day following The due date is, while the distribution date is August 4, 2022.
The bank's net profit before zakat and tax amounted to 975 million riyals in the first quarter of this year, an increase of 7.7% over its counterpart in the same period in 2021, which amounted to 905 million Real.
