Saudi's Riyad Bank recommends lower cash dividend for H2 2016

Riyad Bank paid shareholders a dividend of 0.35 riyals per share for the corresponding period of 2015. (Reuters)

The board of Riyad Bank has proposed paying a cash dividend of 0.30 riyals ($0.08) per share for the second half of 2016, Saudi Arabia’s fourth-largest lender by assets said on Wednesday.

The lender paid shareholders a dividend of 0.35 riyals per share for the corresponding period of 2015.
 

SHOW MORE
Last Update: Wednesday, 20 May 2020 KSA 09:49 - GMT 06:49
Top