The Arab National Bank's board of directors recommended distributing interim cash dividends to the bank's shareholders for the first half of 2022, with a total estimated at 750 million riyals for 1.5 billion outstanding shares. .
The bank said in a statement to the Saudi market (Tadawul), today, Monday, that the share's share of the distribution is 0.5 riyals after deducting zakat, with a distribution ratio to the nominal value of the share of 5%.
He clarified that the eligibility for profits is for the bank's shareholders who own shares on the due date, which falls on Wednesday, June 29, 2022, and who are registered in the bank's records with the Securities Depository Center Company at the end of the second day Trading follows the due date which falls on Sunday 3 July 2022.
The bank stated that the distribution date will be Monday, July 18, 2022.
