SAIB shareholders to vote on 4% cash dividend for 2020 on April 21

31/03/2021 Argaam Exclusive

Saudi Investment Bank’s (SAIB) shareholders will vote on the board of directors' recommendation on the distribution of cash dividend at 4% of capital, or SAR 0.40 per share, totaling SAR 270 million for 2020, during an extraordinary general assembly meeting (EGM) to be held on April 21, 2021.

Dividend Details (2020)
Current Capital	SAR 7.5 bln
Number of shares	750 mln
Number of eligible shares for dividend	657 mln
Dividend	SAR 270 mln
Percentage of capital	4% (SAR 0.40 per share after deducting Zakat)
Record date	April 21, 2021 (Shareholders registered with the Securities Depository Centre (Edaa) at the end of second trading day following the general assembly meeting, date of which will be announced later)
Payment date	May 2, 2021

Shareholders will also vote to authorize the board to distribute interim dividends on a semi-annual or quarterly basis for 2021.

Dividend History (SAR/share) Corporate Actions

Announcement	Ex-Dividend	Payment	Dividends (M Riyal)	Dividends *	Notes
04/03/2021	21/04/2021	02/05/2021	270.00	0.22	FY 2020
14/02/2018	24/04/2018	01/05/2018	450.00	0.36	The General Assembly approved 6 % cash dividend FY-2017
06/12/2016	17/04/2017	20/04/2017	350.00	0.28	The General Assembly approved 5% cash dividend for year 2016
13/12/2015	04/04/2016	07/04/2016	487.50	0.39	The General Assembly approved 7.5 % cash dividend for 2015
04/12/2014	08/03/2015	10/03/2015	480.00	0.38	The General Assembly approved 8% cash dividends for year 2014
19/12/2013	01/04/2014	06/04/2014	440.00	0.35	The General Assembly approved 8% cash dividend , for FY 2013 .
17/12/2012	11/03/2013	16/03/2013	385.00	0.31	The General Assembly approved 7% cash dividend ,for FY 2012 .
02/01/2012	18/03/2012	25/03/2012	275.00	0.22	The General Assembly approved 5% cash dividend, for FY 2011 .
27/11/2005	06/03/2006	14/03/2006	103.14	0.08	The General Assembly approved 6% cash dividend , for FY 2005 .
24/11/2004	26/02/2005	15/03/2005	82.50	0.07	The General Assembly approved 6% cash dividend, for FY 2004 .

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	0.22	9.00	2.40 %
Last 5 Financial years	0.86	8.96	9.56 %
Last 10 Financial years	2.51	8.58	29.26 %

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

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM)	9.17
P/E Before Unusual Items (TTM)	9.17
P/BV	1.13
Dividend Yield	5.33 %
Market Cap. (M)	17,375.00
Return on Average Assets	1.35 %
Return on Average Equity	12.99 %

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