Bank Albilad board decides 5% dividend for H1 2024

05/09/2024 Argaam Exclusive

Bank Albilad’s board of directors decided to distribute a cash dividend at 5% of capital, or SAR 0.5 per share, for the first half of 2024.

 

Dividend Details (H1 2024)

Current Capital 

SAR 12.5 bln 

Number of Shares

1.25 bln 

Total Dividend

SAR 625 mln 

Percentage of Capital 

5% (SAR 0.5 per share after Zakat deduction) 

Record Date​

Sept. 12, 2024

Payout Date 

Oct. 3, 2024

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
05/09/2024 12/09/2024 03/10/2024 625.00 0.50
05/02/2024 29/04/2024 16/05/2024 500.00 0.40
01/01/2023 01/05/2023 10/05/2023 500.00 0.40
11/02/2020 26/04/2020 04/05/2020 375.00 0.30
21/07/2019 25/07/2019 08/08/2019 300.00 0.24
14/01/2018 11/04/2018 29/04/2018 240.00 0.19
26/09/2017 01/10/2017 19/10/2017 180.00 0.14
29/12/2016 08/05/2017 25/05/2017 300.00 0.24
08/01/2015 14/04/2015 30/04/2015 200.00 0.16
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 0.80 16.94 4.72 %
Last 5 Financial years 1.34 13.00 10.31 %
Last 10 Financial years 2.08 11.21 18.52 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

35.95
(0.10) (0.28 %)

Valuation Data (Latest Share Price)

P/E (TTM) 17.13
P/E Before Unusual Items (TTM) 17.13
P/BV 2.79
Dividend Yield 1.10 %
Market Cap. (M) 44,937.50
Return on Average Assets 1.80 %
Return on Average Equity 17.07 %

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