Riyad Bank to distribute $260m dividends
Riyadh, June 23, 2013
Riyad Bank, the third-largest listed lender in Saudi Arabia, has announced plans to distribute the first-half dividends of SR975 million ($260 million), equivalent to 0.65 riyals a share, to its shareholders.
The bank had posted a first-quarter net profit of SR951 million, a 5.5 per cent rise over the same quarter in 2012.-Reuters
