Al Rajhi Bank announced the approval of the Board of Directors to recommend a cash dividend of SAR 3,250 million to the shareholders of the bank for the first half of the current Fiscal Year 2018. The share price is SAR 2.00 representing 20% of the nominal value of the share.
The distribution of cash dividends to shareholders registered with the Securities Depository Center (Tadawul) will be at the end of trading on 18/07/2018 and the distribution date will be 26/07/2018.
These semi-annual distributions are in line with shareholders' expectations, confirming the bank's strong financial position, which continues to grow and provide its customers with the best services and the latest technology.
Al Rajhi Bank continues to provide high quality services to its customers through its vast network of branches throughout the Kingdom, the largest in the region, and the largest network of ATMs in the Kingdom. It also has the number one position in terms of the number of points of sale in the Kingdom, in addition to the rest of the electronic channels such as the internet, smart phones, and the automated branches which the bank pioneered the launch in the Kingdom.