Riyadh – Mubasher: The board of the Saudi National Bank (SNB) has recommended a cash dividend distribution, equivalent to 9% of the share par value, for the second half (H2) of 2021.
The cash dividend payout stands at SAR 0.90 after Zakat deduction, aggregating at a total value of SAR 4.03 billion, according to a bourse filing on Thursday.
It is noteworthy to mention that during the first nine months (9M) of 2021, SNB recorded a 15% year-on-year (YoY) surge in net profits to SAR 9.31 billion from SAR 8.08 billion.
