Al Rajhi Bank declares 11.5% cash dividend for H1 2023

24/07/2023 Argaam Exclusive

Al Rajhi Bank’s board of directors declared, on July 23, an 11.5% cash dividend, or SAR 1.15 per share after deducting Zakat, for H1 2023, according to a statement to Tadawul

 

Dividend Details (H1 2023)

Current Capital

SAR 40 bln

Number of Shares

4 bln

Total Dividend

SAR 4.6 bln

Percentage of Capital

11.5% (SAR 1.15 per share after deducting Zakat)

Record Date

July 31, 2023, including shareholders registered with the Securities Depository Center Co. (Edaa) by the close of the second trading session following the record date

Payment Date

August 14, 2023

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
24/07/2023 31/07/2023 14/08/2023 4,600.00 1.15
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
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 4.43 45.44 9.74 %
Last 5 Financial years 6.93 35.20 19.67 %
Last 10 Financial years 12.51 27.39 45.68 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

93.90
0.40 0.43 %

Valuation Data (Latest Share Price)

P/E (TTM) 20.44
P/E Before Unusual Items (TTM) 20.44
P/BV 3.96
Dividend Yield 2.66 %
Market Cap. (M) 375,600.00
Return on Average Assets 2.16 %
Return on Average Equity 20.34 %

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