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	H 2 _ 2022
24/07/2022	31/07/2022	14/08/2022	300.00	0.24	H1 _ 2022
22/12/2021	01/02/2022	10/02/2022	525.00	0.42	FY _ 2021
04/03/2021	21/04/2021	02/05/2021	270.00	0.22	FY 2020
14/02/2018	24/04/2018	01/05/2018	450.00	0.36	The General Assembly approved 6 % cash dividend FY-2017
06/12/2016	17/04/2017	20/04/2017	350.00	0.28	The General Assembly approved 5% cash dividend for year 2016
13/12/2015	04/04/2016	07/04/2016	487.50	0.39	The General Assembly approved 7.5 % cash dividend for 2015
04/12/2014	08/03/2015	10/03/2015	480.00	0.38	The General Assembly approved 8% cash dividends for year 2014
19/12/2013	01/04/2014	06/04/2014	440.00	0.35	The General Assembly approved 8% cash dividend , for FY 2013 .
17/12/2012	11/03/2013	16/03/2013	385.00	0.31	The General Assembly approved 7% cash dividend ,for FY 2012 .

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	1.92	10.29	18.62 %
Last 10 Financial years	3.33	13.89	23.98 %

Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM)	8.67
P/E Before Unusual Items (TTM)	8.67
P/BV	1.07
Dividend Yield	5.33 %
Market Cap. (M)	16,425.00
Return on Average Assets	1.35 %
Return on Average Equity	12.99 %

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