Samba shareholders approve 7% cash dividend for H2 2019

26/03/2020 Argaam Exclusive

Samba Financial Group’s shareholders approved the board’s recommendation to distribute a 7% cash dividend, or SAR 0.70 per share, for the second half of 2019, during the ordinary general meeting (OGM) held on March 25.

Dividend Details (H2 2019)

Current Capital

SAR 20 bln

Number of shares

2 bln

Dividend*

SAR 1.394 bln

Percentage of capital

7% (SAR 0.70 per share)

Record date

March 25, 2020

Payment date

April 13, 2020

Dividend for FY 2019

Total dividend

SAR 2.832 bln

Percentage of capital

14.2% (SAR 1.42 per share)

*After deducting Zakat 

Shareholders also authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2020.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
09/01/2020 25/03/2020 13/04/2020 1,394.00 0.70
30/07/2019 30/07/2019 20/08/2019 1,438.00 0.72
27/12/2018 25/03/2019 07/04/2019 2,000.00 1.00
02/07/2018 08/07/2018 22/07/2018 1,600.00 0.80
01/03/2018 15/04/2018 26/04/2018 1,500.00 0.75
03/08/2017 06/08/2017 15/08/2017 1,500.00 0.75
01/01/2017 30/04/2017 16/05/2017 1,000.00 0.50
30/06/2016 12/07/2016 25/07/2016 900.00 0.45
29/12/2015 05/06/2016 16/06/2016 900.00 0.45
07/07/2015 09/07/2015 27/07/2015 900.00 0.45
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 4.72 24.23 19.46 %
Last 5 Financial years 6.57 23.20 28.30 %
Last 10 Financial years 10.35 22.84 45.30 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

38.50
1.70 4.62 %

Valuation Data (Latest Share Price)

P/E (TTM) -
P/E Before Unusual Items (TTM) -
P/BV -
Dividend Yield -
Market Cap. (M) 77,000.00
Return on Average Assets -
Return on Average Equity -

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.