Riyad Bank shareholders approve 5.4% cash dividend for H2 2021

13/04/2022 Argaam Exclusive

Riyad Bank’s shareholders approved, on April 12, the board of directors’ recommendation to pay a cash dividend at 5.4% of capital, or SAR 0.54 per share, for H2 2021, during the extraordinary general meeting (EGM) held on April 12, according to a bourse filing.

 

Dividend Details (H2 2021)

Current Capital

SAR 30 bln

Number of Shares

3 bln

Dividend

SAR 1.62 bln

Percentage of Capital*

5.4% (SAR 0.54 per share)

Record Date

April 12, 2022

Payment Date

April 25, 2022

*After Zakat

 

Total Dividend for 2021

Total Dividend

SAR 3.12 bln

Percentage of Capital

10.4% (SAR 1.04 per share)

 

Shareholders also ratified authorizing the board of directors to distribute interim dividends for 2022 on a semi-annual or quarterly basis, the statement added.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
16/12/2021 12/04/2022 25/04/2022 1,620.00 0.54
21/06/2021 24/06/2021 05/07/2021 1,500.00 0.50
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
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 2.69 23.90 11.26 %
Last 5 Financial years 4.53 12.52 36.18 %
Last 10 Financial years 8.07 11.48 70.25 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

27.50
(0.45) (1.61 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 10.19
P/E Before Unusual Items (TTM) 10.19
P/BV 1.54
Dividend Yield 4.91 %
Market Cap. (M) 82,500.00
Return on Average Assets 2.06 %
Return on Average Equity 15.76 %

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