| Element List | Explanation |
|---|---|
| Introduction | The Saudi British Bank (SABB) announces the Board of Directors' resolution to distribute cash dividends to shareholders for the first half of 2021. |
| Date of the board’s decision | 2021-08-01 Corresponding to 1442-12-22 |
| The Total amount distributed | SAR 1,027 Million (Net Dividend) |
| Number of Shares Eligible for Dividends | Shares 2,054,794,522 |
| Dividend per share | SAR 0.50 per share after deduction of Zakat |
| Percentage of Dividend to the Share Par Value (%) | 5.0 % |
| Eligibility date | The Eligibility date shall be at the end of trading day 05 August 2021 Corresponding 26 Dhul Hijjah 1442H for the shareholders registered in Depository Center (Edaa) at the end of the second trading day following the eligibility date. |
| Distribution Date | 19 August 2021 Corresponding to 11 Muharram 1443H |
| Additional Information | The Bank would like to draw the attention of non-resident foreign investors that the distribution of cash dividends payable through resident financial broker is subject to a withholding tax of 5% upon transfer to the non-resident investor or crediting the amount to its account in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulation |
As for shareholders whose accounts details are not available or incomplete, they may visit the nearest SABB branch or contact the Shareholders Registry Unit on Tel. No. 011 440 8440 to update their information and arrange for receipt of their dividends.
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