The Ordinary General Assembly of the Saudi Bank Al-Jazira approved distributing cash dividends for the second half of 2019, with a total of 246 million riyals after deducting the Zakat for the 820 million shares outstanding. , At 0.3 riyals per share, 3% of the nominal value of the share.


According to ArabiaNet, the bank said in a statement that the shareholders who own the shares will have the right at the end of trading on the day of the general assembly meeting and registered in the bank’s shareholders ’register with the Securities Depository Center company at the end of the second trading day following the due date, provided that distribution of these begins Earnings as of May 5, 2020.


The bank has previously distributed cash dividends to eligible shareholders in the amount of SAR 246 million for the first half of the fiscal year 2019, as of August 26, 2019, at SAR 0.3 per share and 3% of the nominal value of the share.


The total net profit distributed to shareholders for the year 2019 is about 492 million riyals, or 0.6 Saudi riyals per share, equivalent to 6% of the nominal value of the share.