‘Samba’ Distributes $510 Mn of Dividends to Shareholders for H1 2018

  • 7/3/2018
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Chairman of Samba Financial Group Eisa al-Eisa stressed the Group’s keenness to achieve the best profits for its shareholders. He said Samba puts continuous efforts to develop its investments, expand its business and maintain an increasing pace of development that preserves its leading role within the Saudi banking sector. As a result of the outstanding performance of the group, the board of directors has decided to recommend distributing interim cash dividends to the group’s shareholders for the first half of 2018, Eisa said. The total distributed amount is SAR1,911 billion ($510 million), and the dividend per share will be 80 Halalas net of Zakat, exceeding what was distributed in the same period of fiscal year 2016 with an increase by 78 percent and an increase by six percent over the same period of 2017. Eisa also expressed pride in the trust and support of the Groups customers, shareholders and employees, which has had a positive impact on the continuation of qualitative achievements in line with their aspirations.

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