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Alinma Bank Announces 1.49 Billion Dividend for Fiscal 2018

Alinma Bank Announces 1.49 Billion Dividend for Fiscal 2018

24 Rabia I 1440 H - 02 December 2018 G

The Alinma Bank Board of Directors has recommended the distribution of a share dividend for the 2018 fiscal year. After approval at the bank’s next general assembly meeting in early 2019, shareholders will receive SAR 1.00 per share (10% of nominal value). The total disbursal will amount to SAR 1,489,967,444.  This marks the fifth consecutive fiscal year in which Alinma has declared a dividend.

 

Speaking about this important milestone, Alinma Bank Chairman, H.E. Engr. Abdulaziz Al-Zamil, congratulated the bank’s staff and shareholders on a remarkable year of growth and success. “Alinma has strived tirelessly to achieve it vision, to support the national economy and to return value to its shareholders,” said Al-Zamil. “And thanks to the hard work of our staff, the guidance of executive management and the board, and the support of our regulators and the government of the Custodian of the Two Holy Mosques, we are now able to distribute this dividend to our shareholders.”

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