Al-Rajhi Bank's board of directors recommended distributing cash dividends to the bank's shareholders for the last fiscal year ending on December 31, 2020.
The bank said in a statement to the Saudi market (Tadawul), today, Monday, that the board of directors recommended the distribution of cash dividends for the past year of 10% of the nominal value of the share. < / p>
The bank explained that the number of shares owed for profits amounted to 2.5 billion shares, explaining that the share of the share from the distribution is one riyal after deducting zakat, with total distributed profits of 2.5 billion riyals. .
and indicated that the eligibility date for the shareholders who own the shares at the end of the trading day of the bank’s general assembly (which will be determined later) and who are registered in the bank’s shareholders ’register at the depository center at the end of the second trading day The date of the assembly follows.
and indicated that the bank will announce later on the date and mechanism of annual dividend distribution.