Al Rajhi Bank plans 10% dividend for 2020

01/03/2021 Argaam Exclusive

Al Rajhi Bank’s board of directors recommended, on Feb. 28, 2021, a 10% cash dividend for 2020, at SAR 1.00 per share, totaling SAR 2.5 billion.

Dividend Details (2020)

Current Capital

SAR 25 bln

Number of shares

2.5 bln

Dividend

SAR 2.5 bln

Percentage of capital*

10% (SAR 1.00 per share)

Record date

By the close of trading on the general meeting date, which will be set later

Payment date

To be announced later

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Al Rajhi Bank
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Valuation Data (Latest Share Price)

P/E (TTM) 18.74
P/E Before Unusual Items (TTM) 18.74
P/BV 3.54
Dividend Yield 2.66 %
Market Cap. (M) 316,400.00
Return on Average Assets 2.09 %
Return on Average Equity 19.60 %

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