Riyad Bank plans 5.5% dividend for H2 2019

30/12/2019 Argaam Exclusive

Riyad Bank’s board of directors recommended a 5.5% cash dividend for the second half of 2019, at SAR 0.55 per share, amounting to SAR 1.65 billion.

Dividend Details (H2 2019)

Current Capital

SAR 30 bln

Number of shares

3 bln

Dividend

SAR 1.65 bln

Percentage of capital

5.5% (SAR 0.55 per share)

Record date

General assembly meeting (Q1 2020)

Payment date

To be determined

Dividend Details (FY 2019)

Dividend

SAR 3.21 bln

Percentage of capital

10.7% (SAR 1.07 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
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
28/12/2017 26/03/2018 09/04/2018 1,140.00 0.38
21/06/2017 02/07/2017 16/07/2017 1,050.00 0.35
04/01/2017 27/03/2017 10/04/2017 900.00 0.30
18/07/2016 20/07/2016 02/08/2016 1,050.00 0.35
31/12/2015 05/04/2016 18/04/2016 1,050.00 0.35
05/07/2015 06/07/2015 27/07/2015 1,050.00 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 2.57 11.59 22.17 %
Last 5 Financial years 3.92 16.99 23.07 %
Last 10 Financial years 7.33 13.30 55.08 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

26.60
0.00 0.00 %

Valuation Data (Latest Share Price)

P/E (TTM) 8.85
P/E Before Unusual Items (TTM) 8.85
P/BV 1.41
Dividend Yield 4.91 %
Market Cap. (M) 79,800.00
Return on Average Assets 2.23 %
Return on Average Equity 16.79 %

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