Alinma Bank shareholders to vote on 4% dividend for H2 2021 on April 13

23/03/2022 Argaam Exclusive

Alinma Bank’s shareholders will vote on distributing a 4% cash dividend, at SAR 0.40 per share, for the second half of 2021, during the ordinary general assembly meeting (OGM) scheduled for April 13, according to a bourse statement. 

 

Dividend Details (H2 2021) 

Current Capital 

SAR 20 bln 

Number of Shares 

2 bln 

Number of Shares 
Eligible for Dividend 

1.987 bln 

Dividend 

SAR 795.13 mln 

Percentage of Capital 

4% (SAR 0.40 per share after deducting Zakat) 

Record Date 

April 13 (Shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day following the general assembly)

Payment Date 

To be announced 

 

Total Dividend (2021) 

Total Dividend 

   SAR 1.490 bln 

Percentage of Capital  

   7.5% (SAR 0.75 per share) 

 

Shareholders will also vote on authorizing the board of directors to distribute interim dividends semi-annually for 2022, and to set the due and distribution dates in accordance with regulatory controls and procedures issued in implementation of the Companies Law.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
30/12/2021 13/04/2022 25/04/2022 795.13 0.32
01/08/2021 08/08/2021 22/08/2021 695.74 0.28
03/03/2021 07/04/2021 21/04/2021 596.12 0.24
02/12/2018 26/03/2019 10/04/2019 1,489.97 0.60
13/12/2017 10/04/2018 25/04/2018 1,191.96 0.48
20/12/2016 06/04/2017 19/04/2017 745.00 0.30
21/12/2015 28/03/2016 14/04/2016 745.00 0.30
25/12/2014 16/03/2015 29/03/2015 745.00 0.30
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 1.59 15.18 10.49 %
Last 5 Financial years 2.19 11.44 19.12 %
Last 10 Financial years 3.56 7.77 45.80 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

32.80
0.10 0.31 %
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Valuation Data (Latest Share Price)

P/E (TTM) 15.82
P/E Before Unusual Items (TTM) 15.82
P/BV 2.68
Dividend Yield 2.19 %
Market Cap. (M) 82,000.00
Return on Average Assets 2.26 %
Return on Average Equity 17.64 %

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