SABB's board proposes 4% dividend distribution for H2-21

Riyadh – Mubasher: The board of Saudi British Bank (SABB) has recommended a cash dividend distribution, equivalent to 3.6% of the share par value, for the second half (H2) of 2021.

The cash dividend payout stands at SAR 0.36 per share, aggregating at a total value of SAR 740 million, according to a recent bourse filing.

It is noteworthy to mention that in 2021, the bank achieved SAR 3.2 billion net profits, compared to net losses of SAR 4.17 billion in 2020.

Mubasher Contribution Time: 22-Feb-2022 07:00 (GMT)
Mubasher Last Update Time: 22-Feb-2022 14:24 (GMT)