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Saudi National Bank to pay $1.3bn in dividends for H1 2022

The lender had earlier posted a 32-percent surge in its quarterly profit to SR4.5 billion. (Shutterstock)
The lender had earlier posted a 32-percent surge in its quarterly profit to SR4.5 billion. (Shutterstock)
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03 Jul 2022 07:07:40 GMT9
03 Jul 2022 07:07:40 GMT9

Arab News

RIYADH: The Saudi National Bank, one of the Kingdom’s biggest lenders, will distribute SR4.92 billion ($1.31 billion) in dividends for the first half of 2022.

With over 4.47 billion shares eligible for dividends, the payout per share is SR1.1, the bank said in a bourse filing.

The lender had earlier posted a 32-percent surge in its quarterly profit to SR4.5 billion, from SR3.4 billion in the same period last year.

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