Riyadh Bank's board of directors recommended distributing cash dividends for the second half of this year at a rate of 5.4% of the nominal value of the share; By 0.54 riyals after deducting zakat, with a total value of 1.62 billion riyals.
The bank said in a statement to the Saudi market (Tadawul), today, Thursday, that the eligibility for profits will be for the bank's shareholders who own shares at the end of the day of the general meeting and are registered in the bank's records with the Depository Center Company. Securities at the end of the second trading day following the date of the assembly meeting, which will be announced later.
Riyadh Bank had achieved a jump in its profits by 19.06% in the third quarter of 2021, to 1.543 billion riyals after zakat and tax, compared to 1.296 billion riyals in the same quarter. from last year.
