The Clap
During its meeting held on Thursday, January 12, Al Rajhi Bank’s Board of Directors recommended the distribution of cash dividends to shareholders for the year 2022.
What
The total amount to be distributed is around SAR 5bn, at a rate of 12.5%, or the equivalent of SAR 1.25 per share after deducting zakat.
So what
Eligibility will be for shareholders who own shares at the end of trading on the day of the general assembly of the bank and are registered in the bank’s shareholder register with the Securities Depository Center Company.
Now what
The date of dividend distribution will be announced at a later time.
