Al Rajhi Bank shareholders to vote on 12.5% cash dividend for 2022 on March 21

28/02/2023 Argaam Exclusive

Al Rajhi Bank's shareholders will vote on the distribution of a 12.5% cash dividend, or SAR 1.25 per share after Zakat, for 2022, on March 21, according to a statement to Tadawul.

Dividend Details (2022)

Current capital

SAR 40 bln

Number of shares

4 bln

Dividend

SAR 5 bln

Percentage of capital

12.5% (SAR 1.25 per share after Zakat)

Record date

March 21, 2023

Payment date

April 2, 2023

Shareholders will also vote on authorizing the board of directors to distribute interim dividends on a quarterly or semi-annual basis for 2023.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
15/01/2023 21/03/2023 02/04/2023 5,000.00 1.25
30/06/2021 06/07/2021 14/07/2021 3,500.00 0.88
01/03/2021 29/03/2021 06/04/2021 2,500.00 0.63
03/02/2020 29/03/2020 06/04/2020 3,750.00 0.94
21/07/2019 24/07/2019 01/08/2019 3,750.00 0.94
06/01/2019 03/04/2019 11/04/2019 3,656.25 0.91
15/07/2018 18/07/2018 26/07/2018 3,250.00 0.81
18/02/2018 25/03/2018 03/04/2018 4,063.00 1.02
12/07/2017 18/07/2017 27/07/2017 2,438.00 0.61
19/01/2017 19/03/2017 26/03/2017 2,438.00 0.61
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 2.75 40.69 6.76 %
Last 5 Financial years 6.35 26.43 24.03 %
Last 10 Financial years 11.15 24.57 45.37 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

93.50
0.50 0.54 %

Valuation Data (Latest Share Price)

P/E (TTM) 20.35
P/E Before Unusual Items (TTM) 20.35
P/BV 3.94
Dividend Yield 2.66 %
Market Cap. (M) 374,000.00
Return on Average Assets 2.16 %
Return on Average Equity 20.34 %

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