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Samba to issue SR0.8 dividend for H1 of 2012
The Saudi Gazette Published in The Saudi Gazette on 18 - 07 - 2012


Eisa Mohammed Al-Eisa
JEDDAH – Samba Financial Group, Saudi Arabia's second-largest bank by market value, plans to issue a dividend of SR0.80 ($0.21) per share for the first half of 2012, Eisa Mohammed Al-Eisa, the Group's Managing Director and CEO, said Tuesday.
"The board of directors decided to distribute dividends for the first half of 2012 amounting to SR890 million at 80 halala per share net of Zakat," the firm said in the statement. Distribution will be on Aug. 8, 2012.
Samba posted a 5.1 percent rise in second-quarter net profit last Tuesday on the back of an increase in operating income. – SG

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