Arab News, Sunday, Jul 03, 2022 | Zul Hijjah 4, 1443
Saudi National Bank to pay $1.3bn in dividends for H1 2022
Saudi Arabia:
The Saudi National Bank, one of the Kingdom’s biggest lenders, will distribute
SR4.92 billion ($1.31 billion) in dividends for the first half of 2022.
With over 4.47 billion shares eligible for
dividends, the payout per share is SR1.1, the bank said in a bourse filing.
The lender had earlier posted a 32-percent surge
in its quarterly profit to SR4.5 billion, from SR3.4 billion in the same period
last year.