Friday 11 July 2014

Riyad Bank to distribute $260m dividends

Riyadh, June 23, 2013

Riyad Bank, the third-largest listed lender in Saudi Arabia, has announced plans to distribute the first-half dividends of SR975 million ($260 million), equivalent to 0.65 riyals a share, to its shareholders.

The bank had posted a first-quarter net profit of SR951 million, a 5.5 per cent rise over the same quarter in 2012.-Reuters

Tags: Saudi | Riyad Bank | dividend |

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