SAIB board approves 4% dividend for H1 2023

30/07/2023 Argaam Exclusive

The Saudi Investment Bank’s (SAIB) board of directors declared on July 26 a 4% cash dividend, at SAR 0.40 per share, for the first half of 2023, the bank said in a statement to Tadawul.

 

Dividend Details (H1 2023) 

Current Capital 

SAR 10 bln 

Number of Dividend-Eligible Shares 

1 bln 

Total Dividend 

SAR 400 mln 

Percentage of Capital 

4% (SAR 0.40 per share after Zakat) 

Record Date 

Aug. 3, 2023 (Shareholders of record registered with Edaa by the close of the second trading session following the record date)

Payment Date 

Aug. 15, 2023

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
30/07/2023 03/08/2023 15/08/2023 400.00 0.32
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
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

13.90
(0.04) (0.29 %)

Valuation Data (Latest Share Price)

P/E (TTM) 9.17
P/E Before Unusual Items (TTM) 9.17
P/BV 1.13
Dividend Yield 5.33 %
Market Cap. (M) 17,375.00
Return on Average Assets 1.35 %
Return on Average Equity 12.99 %

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