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Saudi bank SABB proposes 0.35 riyals/share dividend for H2 2016
December 27, 2016 / 1:36 PM / 10 months ago

Saudi bank SABB proposes 0.35 riyals/share dividend for H2 2016

DUBAI, Dec 27 (Reuters) - Saudi British Bank (SABB), the kingdom’s sixth-largest bank by assets, said on Tuesday its board had proposed a cash dividend of 0.35 riyals ($0.0933) per share for the second half of 2016 .

This is in line with the bank’s payment of 0.35 riyals for the same period last year.

($1 = 3.7507 riyals)

Reporting by Hadeel Al Sayegh, editing by Louise Heavens

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