Riyad Bank board nods to 8% dividend for H1 2024
Riyad Bank’s board of directors declared on Aug. 5, an 8% cash dividend, or SAR 0.80 per share after deduction of Zakat, for the first half of 2024, according to a statement to Tadawul.
Dividend Details (H1 2024) |
|
Current capital |
SAR 30 bln |
Number of shares |
3 bln |
Dividend* |
SAR 2.39 bln |
Percentage of capital** |
8% (SAR 0.80 after deduction of Zakat) |
Record date |
Aug. 11, 2024 |
Payment date |
Aug. 22, 2024 |
*2.99 billion shares eligible for dividends
In a statement to Tadawul, the bank said it obtained the approval of the Saudi Central Bank (SAMA) to pay dividends for H1 2024.
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
06/08/2024 | 11/08/2024 | 22/08/2024 | 2,396.00 | 0.80 | |
13/02/2024 | 24/03/2024 | 02/04/2024 | 2,246.25 | 0.75 | |
19/07/2023 | 27/07/2023 | 07/08/2023 | 1,947.81 | 0.65 | |
19/12/2022 | 26/03/2023 | 03/04/2023 | 1,950.00 | 0.65 | |
18/07/2022 | 28/07/2022 | 11/08/2022 | 1,500.00 | 0.50 | |
16/12/2021 | 12/04/2022 | 25/04/2022 | 1,620.00 | 0.54 | |
21/06/2021 | 24/06/2021 | 05/07/2021 | 1,500.00 | 0.50 | |
28/02/2021 | 23/03/2021 | 06/04/2021 | 1,500.00 | 0.50 | |
30/12/2019 | 25/03/2020 | 08/04/2020 | 1,650.00 | 0.55 | |
07/07/2019 | 11/07/2019 | 24/07/2019 | 1,560.00 | 0.52 |
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any
Dividend History
Consolidated cash dividend | Cash dividend per share (SAR) | * The stock price at the beginning of the period (SAR) | Return on the base price |
---|---|---|---|
Last 3 Financial years | 4.25 | 26.80 | 15.84 % |
Last 5 Financial years | 5.79 | 23.90 | 24.21 % |
Last 10 Financial years | 9.71 | 16.99 | 57.12 % |
Based on the beginning of the period (January 1 of the base year)
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Valuation Data (Latest Share Price)
P/E (TTM) | 9.57 |
P/E Before Unusual Items (TTM) | 9.57 |
P/BV | 1.52 |
Dividend Yield | 5.93 % |
Market Cap. (M) | 89,250.00 |
Return on Average Assets | 2.23 % |
Return on Average Equity | 16.61 % |
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