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	H2 _ 2021
01/08/2021	08/08/2021	22/08/2021	695.74	0.28	H1 - 2021
03/03/2021	07/04/2021	21/04/2021	596.12	0.24	FY 2020
02/12/2018	26/03/2019	10/04/2019	1,489.97	0.60	The General Assembly approved 10% cash dividend FY-2018
13/12/2017	10/04/2018	25/04/2018	1,191.96	0.48	The General Assembly approved 8% cash dividend FY-2017
20/12/2016	06/04/2017	19/04/2017	745.00	0.30	The General Assembly approved 5% cash dividend FY-2016
21/12/2015	28/03/2016	14/04/2016	745.00	0.30	The General Assembly approved 5 % cash dividend FY-2015
25/12/2014	16/03/2015	29/03/2015	745.00	0.30	General Assembly approved 5% cash dividend for year 2014.

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

Valuation Data (Latest Share Price)

P/E (TTM)	12.45
P/E Before Unusual Items (TTM)	12.45
P/BV	2.16
Dividend Yield	2.19 %
Market Cap. (M)	70,000.00
Return on Average Assets	2.25 %
Return on Average Equity	18.48 %

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