SAIB board declares 4% dividend for H2 2024

11/02/2025 Argaam Exclusive

The Saudi Investment Bank’s (SAIB) board of directors declared today, Feb. 11, a 4% cash dividend (SAR 0.4 a share) for the second half of 2024, according to a statement to Tadawul.

 

Dividend Details (H2 2024)

Current capital

SAR 12.5 bln

Number of shares*

1.25 bln

Dividend

SAR 498.93 mln

Percentage of capital

4% (SAR 0.4 per share) after Zakat

Record date

Feb. 20, 2025

Payment date

March 4, 2025

*Number of eligible shares is 1.24 bln

 

Dividend Details (2024)

Dividend

SAR 949 mln

Percentage of capital

7.6% (SAR 0.76 per share) after Zakat

 

SAIB had already received the Saudi Central Bank’s (SAMA) no-objection on the board’s decision to distribute interim cash dividends to shareholders for H2 2024.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)		 Dividends * Notes
11/02/2025 20/02/2025 04/03/2025 498.93 0.40
11/08/2024 15/08/2024 28/08/2024 449.67 0.36
18/02/2024 25/02/2024 06/03/2024 450.00 0.36
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
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 2.04 11.83 17.24 %
Last 5 Financial years 2.67 10.82 24.73 %
Last 10 Financial years 3.70 13.38 27.70 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Saudi Investment Bank
15.20
(0.02) (0.13 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 9.71
P/E Before Unusual Items (TTM) 9.71
P/BV 1.23
Dividend Yield 5.23 %
Market Cap. (M) 19,000.00
Return on Average Assets 1.37 %
Return on Average Equity 13.07 %

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