Wednesday, 7 May 2025

SNB to Distribute SAR 6 Billion in Cash Dividends for H2 2024

The Saudi National Bank (SNB) announced that its Board of Directors has approved the distribution of SAR 6 billion in cash dividends to shareholders for the second half of 2024, representing 10% of the nominal share value.

According to the announcement on Tadawul, the number of shares eligible for dividends stands at 6 billion, with a dividend of SAR 1.00 per share after Zakat deduction.

The eligibility date is set for February 9, 2025, while distribution is scheduled for February 24, 2025.

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SNB also confirmed that it has obtained non-objection from the Saudi Central Bank (SAMA) for the dividend distribution.

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