December 20, 2016 / 2:05 PM / 8 months ago

Saudi's Alinma Bank proposes flat dividend for 2016

DUBAI, Dec 20 (Reuters) - The board of Saudi Arabia's Alinma Bank recommended a cash dividend of 0.5 riyals ($0.13) per share for 2016, the lender said on Tuesday in a bourse filing.

The bank paid the same dividend for 2015. ($1 = 3.7508 riyals) (Reporting by Celine Aswad; Writing by Tom Arnold; Editing by Louise Heavens)

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