Arab National Bank to vote on 5% cash dividend for H2 2019 on March 30

05/03/2020 Argaam Exclusive

Arab National Bank (ANB) invited its shareholders to attend the general assembly meeting that will be held on March 30, 2020 to vote on a 5% cash dividend for the second half of 2019.

 

Shareholders will also elect members of the board of directors for the upcoming term starting on April 1, 2020.

 

Additionally, they will elect members of the audit committee for the upcoming term as well.

 

Dividend Details (H2 2019)

Current Capital

SAR 15 bln

Number of shares

1.5 bln

Dividend

SAR 750 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

End of second trading day following the general assembly meeting (March 30)

Payment date

April 13, 2020

Dividend Details (FY 2019)

Dividend

SAR 1.5 bln

Percentage of capital

10% (SAR 1 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
29/12/2019 30/03/2020 13/04/2020 750.00 0.38
04/07/2019 10/07/2019 24/07/2019 750.00 0.38
24/12/2018 27/03/2019 08/04/2019 850.00 0.43
01/07/2018 05/07/2018 19/07/2018 650.00 0.33
21/12/2017 02/04/2018 17/04/2018 650.00 0.33
18/06/2017 02/07/2017 16/07/2017 550.00 0.28
20/12/2016 23/03/2017 06/04/2017 450.00 0.23
26/06/2016 30/06/2016 21/07/2016 450.00 0.23
08/12/2015 24/03/2016 07/04/2016 550.00 0.28
23/06/2015 30/06/2015 13/07/2015 450.00 0.23
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 2.10 11.09 18.94 %
Last 5 Financial years 3.05 15.24 20.01 %
Last 10 Financial years 4.94 13.69 36.07 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

21.16
(0.02) (0.09 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 9.96
P/E Before Unusual Items (TTM) 9.36
P/BV 1.20
Dividend Yield 5.34 %
Market Cap. (M) 42,200.00
Return on Average Assets 1.90 %
Return on Average Equity 12.50 %

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