20.2200
Change
0.1200
Change %
0.5970%
Open
20.1000
Close
20.0400
High
20.2200
Low
20.1000

ANB board recommends SAR0.85/share dividend, 50% capital hike

2018-12-24 18:42:06 GMT (Economies.com)
 

Arab National Bank board of directors recommended the distribution of cash dividends for the second half of 2018 at SAR 0.85 per share, or 8.5% of stock par value, totaling SAR 850 million.

 

Meanwhile, the bank’s board of directors recommended a 50% capital increase to SAR 15 billion from SAR 10 billion, through the issue of one bonus share for every two shares held, according to the bank’s bourse filing.

 

The capital increase will be discussed in the bank’s upcoming extraordinary general assembly meeting scheduled for the first quarter of 2019.

 
 
 
  Symbol Last Change Chg.%
1.1912
0.0018
0.1543%
1.3379
-0.0004
0.0306%
Tadawul
8688.76
21.04
0.24%
23.349
-0.697
2.899%
45.870
3.045
7.110%
48.90
1.04
2.17%
1807.660
-58.850
3.153%
 
 
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