Riyad Bank board OKs 6.5% cash dividend for H1 2023

19/07/2023 Argaam Exclusive

Riyad Bank’s board of directors declared today, July 19, a 6.5% cash dividend, or SAR 0.65 per share, for the first half of 2023, according to a statement to Tadawul.  

 

Dividend Details (H1 2023)

Current capital

SAR 30 bln

Number of shares

3 bln

Dividend*

SAR 1.94 bln

Percentage of capital**

6.5% (SAR 0.65 per share)

Record date

July 27, 2023 (Shareholders registered with Edaa by the close of the second trading day following the record date)

Payment date

Aug. 7, 2023

*Number of eligible shares 2.99 bln

**After Zakat

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
19/07/2023 27/07/2023 07/08/2023 1,947.81 0.65
19/12/2022 26/03/2023 03/04/2023 1,950.00 0.65
18/07/2022 28/07/2022 11/08/2022 1,500.00 0.50
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
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 3.59 20.32 17.66 %
Last 5 Financial years 5.16 19.76 26.10 %
Last 10 Financial years 8.74 14.85 58.84 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

25.20
0.15 0.60 %
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Valuation Data (Latest Share Price)

P/E (TTM) 9.32
P/E Before Unusual Items (TTM) 9.32
P/BV 1.41
Dividend Yield 4.91 %
Market Cap. (M) 75,450.00
Return on Average Assets 2.06 %
Return on Average Equity 15.76 %

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