PHOTO
A monitor shows the stock exchange at the Saudi Stock Exchange, or Tadawul, on June 15, 2015 in the capital Riyadh. Saudi Arabia's stock exchange allowed foreign investors to trade shares for the first time, boosting efforts by the world's top oil exporter to become a major global capital market. AFP PHOTO / FAYEZ NURELDINE (Photo by FAYEZ NURELDINE / AFP)
Riyadh: The Saudi Investment Bank (SAIB) unveiled cash dividends valued at SAR 498.93 million, equivalent to 4% of its capital, for the second half (H2) of 2024.
SAB will disburse a dividend after Zakat of SAR 0.40 per share for 1.24 billion eligible shares, according to a bourse disclosure.
Eligibility and payment dates for the H2-24 dividends will be 20 February and 4 March 2025, respectively.
The Saudi lender logged net profits worth SAR 1.95 billion, higher by 11.07% than SAR 1.76 billion in 2023.
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