Al Rajhi Bank to vote on 15% cash dividend for H2 2019 on March 29

05/03/2020 Argaam Exclusive

Al Rajhi Bank invited its shareholders to attend the general assembly meeting that will be held on March 29, 2020 to vote on a 15% cash dividend for the second half of 2019.

Shareholders will also vote on delegating the board of directors to distribute dividend for FY2020 on a quarterly or semi-annual basis.

Dividend Details (H2 2019)
Current Capital	SAR 25 bln
Number of shares	2.5 bln
Dividend	SAR 3.75 bln
Percentage of capital	15% (SAR 1.5 per share)
Record date	March 29, 2020
Payment date	April 6, 2020
Dividend Details (FY 2019)
Dividend	SAR 7.5 bln
Percentage of capital	30% (SAR 3 per share)

Dividend History (SAR/share) Corporate Actions

Announcement	Ex-Dividend	Payment	Dividends (M Riyal)	Dividends *	Notes
03/02/2020	29/03/2020	06/04/2020	3,750.00	0.94	H2-2019
21/07/2019	24/07/2019	01/08/2019	3,750.00	0.94	H1 2019
06/01/2019	03/04/2019	11/04/2019	3,656.25	0.91	The General Assembly approved 22.5% cash dividend H2-2018
15/07/2018	18/07/2018	26/07/2018	3,250.00	0.81	The General Assembly approved 20% cash dividend H1-2018
18/02/2018	25/03/2018	03/04/2018	4,063.00	1.02	The General Assembly approved 25 % cash dividend for H2-2017
12/07/2017	18/07/2017	27/07/2017	2,438.00	0.61	The General Assembly approved 15% cash dividend for H1-2017
19/01/2017	19/03/2017	26/03/2017	2,438.00	0.61	The General Assembly approved 15% cash dividend H2-2016
20/07/2016	24/07/2016	31/07/2016	1,219.00	0.30	The General Assembly approved 7.5 % cash dividend for H1-2016
21/01/2016	28/03/2016	04/04/2016	1,625.00	0.41	The General Assembly approved 10% cash dividend for H2-2015
08/07/2015	14/07/2015	29/07/2015	812.50	0.20	The General Assembly approved 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	5.23	25.55	20.45 %
Last 5 Financial years	6.75	21.03	32.10 %
Last 10 Financial years	11.96	26.73	44.75 %

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

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM)	20.352
P/E Before Unusual Items (TTM)	20.352
P/BV	3.94
Dividend Yield	2.66 %
Market Cap. (M)	374,000.00
Return on Average Assets	2.16 %
Return on Average Equity	20.34 %

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