Alinma Bank's Board of Directors Approves Cash Dividend Distribution to Shareholders for Q1, 2024

Alinma Bank's Board of Directors Approves Cash Dividend Distribution to Shareholders for Q1, 2024

Alinma Bank's Board of Directors announced on May 5, 2024, corresponding to the 26th of Shawwal 1445 H, the decision to distribute cash dividends to shareholders for the first quarter of 2024. The total dividends amount to 621,389,551 Saudi Riyals, with a per-share distribution of 0.25 Riyals after Zakat deduction, representing 2.5% of the nominal share value.

Shareholders eligible for dividends are those who hold shares by the end of trading on May 19, 2024, corresponding to the 11th of Dhu al-Qi'dah 1445 H, and are registered in the company's shareholder registry with the Securities Depository Center by the end of the second trading day following the due date.

The dividend distribution to shareholders will take place on June 2, 2024, corresponding to the 25th of Dhu al-Qi'dah 1445 H.