(MENAFN) The board of Riyad Bank aimed to distribute cash payments at 3.5 percent of the nominal value, or SAR0.35 per share for the first half of this year.
Moreover, shareholders of record at the end of trades on 2 July and who are recorded in the bank"s records at the end of the day will be entitled to receive the cash payments.
Meanwhile, the bank recorded a fall in net profits for the Jan-March period of the recent year by 10.82 percent year on year.
In addition, profits reached SAR1.047bn in the cited quarter compared to SAR1.174bn in the same period of 2016.
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