Tadawul: Shares of Riyad Bank, Bupa Arabia go ex-dividend today

Tadawul trading screen

Shares of Riyad Bank and Bupa Arabia for Cooperative Insurance Co. go ex-dividend today, June 24.

Earlier this week, Riyad Bank’s board of directors recommended a 5% cash dividend, or SAR 0.50 per share, for H1 2021, amounting to SAR 1.5 billion to be paid on July 5.

Meanwhile, Bupa Arabia’s board of directors recommended, on April 25, a 34% cash dividend, at SAR 3.40 per share, for 2020, amounting to SAR 408 million. The payment date hasn’t been determined yet.