Riyad Bank plans 5% cash dividend for 2020

28/02/2021 Argaam Exclusive

Riyad Bank’s board of directors recommended a 5% cash dividend, or SAR 0.50 per share, for 2020.   

Dividend Details

Current Capital

SAR 30 bln

Number of shares

3 bln

Dividend

SAR 1.5 bln

Percentage of capital*

5% (SAR 0.50 per share)

Record date

On the general meeting date

Payment date

To be announced later

*After Zakat

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26.60
0.00 0.00 %

Valuation Data (Latest Share Price)

P/E (TTM) 8.85
P/E Before Unusual Items (TTM) 8.85
P/BV 1.41
Dividend Yield 4.91 %
Market Cap. (M) 79,800.00
Return on Average Assets 2.23 %
Return on Average Equity 16.79 %

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