The Saudi National Bank decided to distribute cash dividends to shareholders for the first half of 2021, with a total of 2,910,700,000 riyals.
According to Arab Net, the number of shares entitled to dividends reached 4,478,000,000 shares, with a distribution share of 0.65 riyals per share after deducting zakat, i.e. a distribution ratio to the nominal value of the share at 6.5% According to the bank’s statement on the Saudi market’s website, Tadawul.
The eligibility date will be for the shareholders who own the shares at the end of trading on 04/01/1443 AH corresponding to 08/12/2021 AD, and who are registered in the bank's shareholders register with the Securities Depository Center Company (Deposit) at the end of the second trading day following the due date.
The distribution date will be on 01/15/1443 AH corresponding to 08/23/2021 CE.
The National Bank of Saudi Arabia, resulting from the merger between the National Bank and Samba Financial Group, announced its financial statements covering the first half of 2021, in its first announcement of its results. Finance after completion of the merger process.
During the first half of 2021, the bank witnessed an increase in net profits after zakat and income tax attributable to the bank's shareholders to 5.526 billion riyals, compared to 4.922 billion riyals during the same period of the year. last year, with an increase of 604 million riyals, and a growth of 12.3%.
The net profit after zakat and income tax attributable to the bank's shareholders during the second quarter amounted to 2.117 billion riyals, compared to 2.088 billion riyals for the same quarter of last year, an increase of 1.4%. The bank's assets amounted to 896 billion riyals, compared to 557 billion riyals at the end of the same period of the previous year.