Saudi National Bank plans 8% dividend for 2020

04/04/2021 Argaam Exclusive

Saudi National Bank’s board of directors recommended on April 1, 2021, an 8% cash dividend, at SAR 0.80 per share, for 2020, amounting to SAR 3.58 billion.

Dividend Details

Current Capital

SAR 44.78 bln

Number of shares

4.478 bln

Dividend

SAR 3.5824 bln

Percentage of capital

8% (SAR 0.80 per share)

Record date

Shareholders who own shares at the end of the trading day of the general assembly meeting, and are registered at Edaa on the second day following the meeting date

Payment date

To be determined

 

According to data compiled by Argaam, National Commercial Bank (NCB) and Samba Financial Group announced on April 1, 2021, the formal completion of the merger, followed by the commencement of operations of the new bank under the name – Saudi National Bank.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
04/04/2021 06/05/2021 23/05/2021 3,582.40 0.60
26/12/2019 31/03/2020 09/04/2020 3,600.00 0.90
29/07/2019 01/08/2019 21/08/2019 3,300.00 0.82
23/12/2018 10/04/2019 24/04/2019 3,288.35 0.82
30/07/2018 02/08/2018 12/08/2018 2,989.41 0.74
31/12/2017 15/05/2018 29/05/2018 1,196.88 0.30
15/06/2017 18/06/2017 06/07/2017 2,196.59 0.55
29/01/2017 07/05/2017 14/05/2017 1,996.90 0.50
27/07/2016 02/08/2016 17/08/2016 1,200.00 0.30
24/12/2015 05/04/2016 20/04/2016 1,496.00 0.37
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 3.88 27.34 14.17 %
Last 5 Financial years 5.51 25.63 21.49 %
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

33.25
0.15 0.45 %

Valuation Data (Latest Share Price)

P/E (TTM) 9.64
P/E Before Unusual Items (TTM) 9.64
P/BV 1.18
Dividend Yield 4.53 %
Market Cap. (M) 198,600.00
Return on Average Assets 1.91 %
Return on Average Equity 12.83 %

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