Arab National Bank to vote on 5% cash dividend for H2 2019 on March 30

05/03/2020 Argaam Exclusive

Arab National Bank (ANB) invited its shareholders to attend the general assembly meeting that will be held on March 30, 2020 to vote on a 5% cash dividend for the second half of 2019.

Shareholders will also elect members of the board of directors for the upcoming term starting on April 1, 2020.

Additionally, they will elect members of the audit committee for the upcoming term as well.

Dividend Details (H2 2019)
Current Capital	SAR 15 bln
Number of shares	1.5 bln
Dividend	SAR 750 mln
Percentage of capital	5% (SAR 0.5 per share)
Record date	End of second trading day following the general assembly meeting (March 30)
Payment date	April 13, 2020
Dividend Details (FY 2019)
Dividend	SAR 1.5 bln
Percentage of capital	10% (SAR 1 per share)

Dividend History (SAR/share) Corporate Actions

Announcement	Ex-Dividend	Payment	Dividends (M Riyal)	Dividends *	Notes
29/12/2019	30/03/2020	13/04/2020	750.00	0.38	H2-2019
04/07/2019	10/07/2019	24/07/2019	750.00	0.38	H1-2019
24/12/2018	27/03/2019	08/04/2019	850.00	0.43	The General Assembly approved 8.5% cash dividend for H2-2018
01/07/2018	05/07/2018	19/07/2018	650.00	0.33	The General Assembly approved 6.5% cash dividend for H1-2018
21/12/2017	02/04/2018	17/04/2018	650.00	0.33	The General Assembly approved 6.5% cash dividend for H2-2017
18/06/2017	02/07/2017	16/07/2017	550.00	0.28	The General Assembly approved 5.5% cash dividend for H1-2017
20/12/2016	23/03/2017	06/04/2017	450.00	0.23	The General Assembly approved 4.5% cash dividend for H2-2016
26/06/2016	30/06/2016	21/07/2016	450.00	0.23	The General Assembly approved 4.5% cash dividend for H1-2016
08/12/2015	24/03/2016	07/04/2016	550.00	0.28	The General Assembly approved 5.5 % cash dividend for H2- 2015
23/06/2015	30/06/2015	13/07/2015	450.00	0.23	The General Assembly approved 4.5 % cash dividend for H1- 2015.

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	2.10	11.09	18.94 %
Last 5 Financial years	3.05	15.24	20.01 %
Last 10 Financial years	4.94	13.69	36.07 %

Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM)	8.20
P/E Before Unusual Items (TTM)	7.74
P/BV	1.05
Dividend Yield	5.34 %
Market Cap. (M)	38,120.00
Return on Average Assets	2.03 %
Return on Average Equity	13.27 %

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