Riyad Bank approves 5% cash dividend for 2020

24/03/2021 Argaam Exclusive

Riyad Bank’s shareholders approved a 5% cash dividend for 2020, at SAR 0.5 per share, amounting to SAR 1.5 billion, according to a bourse filing.

Dividend Details (2020)  

Current Capital  

SAR 30 bln  

Number of shares  

3 mln   

Dividend  

SAR 1.5 bln  

Percentage of capital  

5% (SAR 0.5 per share)  

Record date   

March 23, 2021 (Shareholders registered at the Securities Depository Center by the end of the second trading day following the due date)

Payment date   

April 6, 2021

 

Shareholders also approved authorizing the board of directors to distribute interim dividends on a quarterly or semi-annual basis for 2021.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
28/02/2021 23/03/2021 06/04/2021 1,500.00 0.50
30/12/2019 25/03/2020 08/04/2020 1,650.00 0.55
07/07/2019 11/07/2019 24/07/2019 1,560.00 0.52
13/12/2018 19/03/2019 02/04/2019 1,200.00 0.40
04/07/2018 08/07/2018 23/07/2018 1,110.00 0.37
28/12/2017 26/03/2018 09/04/2018 1,140.00 0.38
21/06/2017 02/07/2017 16/07/2017 1,050.00 0.35
04/01/2017 27/03/2017 10/04/2017 900.00 0.30
18/07/2016 20/07/2016 02/08/2016 1,050.00 0.35
31/12/2015 05/04/2016 18/04/2016 1,050.00 0.35
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 2.61 19.76 13.21 %
Last 5 Financial years 4.11 11.59 35.46 %
Last 10 Financial years 7.57 11.68 64.77 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

25.30
0.25 1.00 %
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Valuation Data (Latest Share Price)

P/E (TTM) 9.37
P/E Before Unusual Items (TTM) 9.37
P/BV 1.42
Dividend Yield 4.91 %
Market Cap. (M) 75,900.00
Return on Average Assets 2.06 %
Return on Average Equity 15.76 %

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