ANB shareholders approve dividend for H2 2016

26/03/2017 Argaam

Arab National Bank’s (ANB) general assembly has approved a 4.5 percent cash dividend (SAR 0.45 per share) for the second half of 2016.

 

Shareholders also elected board members for the upcoming three-year term starting on April 1, 2017.

 

Cash Dividend Details (H2 2016)

Current capital

SAR 10,000 mln

Number of shares

1000 mln

Cash dividend

SAR 450 mln

Percent capital

4.5% (SAR 0.45/share)

Record date

March 23, 2017

Payment day

April 6, 2017

 

Dividend for FY 2016

Total cash dividend

SAR 900 mln

Percent of capital

9% (SAR 0.90/share)

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