Bank Albilad announces 1st Half 2017 cash dividend distribution

26/09/2017 09:22 AST

The Board of Directors of Bank Albilad has decided on 05/01/1439H corresponding 25/9/2017 the distribution of dividend to the shareholders for the first half of the year 2017 as following:

1.Total amount of distribution of dividend SAR 180 Millions
2.Dividend per share SAR 0.3
3.Dividend represents 3% of the Face value.
4.Dividend will be distributed over the current outstanding 600 million shares
5.The eligibility of dividends shall be for the shareholders registered in the registers of the Securities Depository Center on Sunday 11/1/1439H corresponding to 1/10/2017. registered in the group's records at the Securities Depository Center by the end of the second trading day following the eligibility date being 13/1/1439H corresponding to 3/10/2017.
6.Distribution date is on Thursday 29/1/1439H corresponding to 19/10/2017.


Tadawul

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