SAIB shareholders to vote on 4.5% dividend payout for H2 2022 on April 10

20/03/2023 Argaam Exclusive

The Saudi Investment Bank’s (SAIB) shareholders will vote on the payment of a cash dividend at 4.5% of capital, or SAR 0.45 a share, for H2 2022, during the ordinary general meeting (OGM), scheduled for April 10, the bank said in a statement to Tadawul.

 

Dividend Details (H2 2022)

Current Capital

SAR 10 bln

Number of Shares

1 bln

Total Dividend

SAR 450 mln

Percentage of Capital

4.5% (SAR 0.45 a share excluding Zakat)

Record Date

April 10, 2023 (Shareholders registered with Edaa on the second trading day after the record date)

Date of Payment

April 30, 2023

 

 

Total Dividend (2022)

Total Dividend

SAR 750 mln

Percentage of Capital

7.5%

 

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

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
25/12/2022 10/04/2023 30/04/2023 450.00 0.36
24/07/2022 31/07/2022 14/08/2022 300.00 0.24
22/12/2021 01/02/2022 10/02/2022 525.00 0.42
04/03/2021 21/04/2021 02/05/2021 270.00 0.22
14/02/2018 24/04/2018 01/05/2018 450.00 0.36
06/12/2016 17/04/2017 20/04/2017 350.00 0.28
13/12/2015 04/04/2016 07/04/2016 487.50 0.39
04/12/2014 08/03/2015 10/03/2015 480.00 0.38
19/12/2013 01/04/2014 06/04/2014 440.00 0.35
17/12/2012 11/03/2013 16/03/2013 385.00 0.31
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 1.70 9.57 17.77 %
Last 5 Financial years 2.10 10.29 20.41 %
Last 10 Financial years 3.51 13.89 25.31 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

12.56
(0.04) (0.32 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 8.54
P/E Before Unusual Items (TTM) 8.54
P/BV 1.05
Dividend Yield 5.33 %
Market Cap. (M) 15,700.00
Return on Average Assets 1.38 %
Return on Average Equity 12.68 %

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