PHOTO
The logo of the Saudi National Bank (SNB) can be seen at a branch in Riyadh on March 27, 2023, after the chairman of SNB, the main shareholder of troubled lender Credit Suisse which was bought out this month, resigned. (Photo by Fayez Nureldine / AFP).
The Saudi National Bank (SNB) announced the board’s decision to disburse SAR 6 billion, representing 10% of the capital, as cash dividends for the second half (H2) of 2024.
SNB will pay out a dividend after Zakat worth SAR 1 per share for 6 billion eligible shares, according to a bourse disclosure.
Eligibility and payment dates for the dividends will be 9 and 24 February 2025, respectively.
In the 12-month period that ended on 31 December 2024, the net profits jumped by 5.91% to SAR 21.19 billion from SAR 20.01 billion in 2023.
All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (Syndigate.info).