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Alinma Bank Announces 745 million Dividend for Fiscal 2016

Alinma Bank Announces 745 million Dividend for Fiscal 2016

23 Rabia I 1438 H - 22 December 2016 G

The Alinma Bank Board of Directors has recommended the distribution of a share dividend to its shareholders for the 2016 fiscal year. After approval at the bank’s next general assembly meeting, which is expected in March 2017, shareholders will receive SAR 0.50 per share (5% of nominal value), with total disbursal amount of SAR 745 million.
Speaking about this important milestone, Alinma Bank Chairman, HE 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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