Home Industry Finance Saudi’s Riyad Bank Recommends H2 2014 Dividend The bank said that it will give a dividend of 35 halalas per share, down from 80 halalas from the same period last year. by Reuters December 30, 2014 The board of Saudi Arabia’s Riyad Bank, the kingdom’s third-largest listed bank by assets, said on Tuesday that it was recommending a dividend of 35 halalas per share for the second half of 2014. That compares with a dividend of 80 halalas for the second half of 2013. The bank did not explain the drop. It posted a 7.8 per cent rise in its 2014 third-quarter net profit to SAR1.08 billion ($287.8 million), in line with analysts’ average forecast. 0 Comments