Riyad Bank board declares 5% cash dividend for H1 2021

21/06/2021 Argaam Exclusive

Riyad Bank’s board of directors, on June 20, recommended a 5% cash dividend, or SAR 0.50 per share, for H1 2021, amounting to SAR 1.5 billion.   

 

In March, the bank’s shareholders authorized the board of directors to distribute interim dividends on a quarterly or semi-annual basis for 2021, Argaam reported.

 

Dividend Details (H1 2021)

Current Capital

SAR 30 bln

Number of shares

3 bln

Dividend

SAR 1.5 bln

Percentage of capital*

5% (SAR 0.50 per share)

Record date

June 24, 2021, including shareholders registered at the Securities Depository Center two days following the dividend distribution date

Payment date

July 5, 2021

*Post Zakat deduction

Kindly, you can view the full report by subscribing to the and the report contains details, historical information, and charts

25.10
(0.10) (0.40 %)
ajax loading

Valuation Data (Latest Share Price)

P/E (TTM) 9.30
P/E Before Unusual Items (TTM) 9.30
P/BV 1.41
Dividend Yield 4.91 %
Market Cap. (M) 75,300.00
Return on Average Assets 2.06 %
Return on Average Equity 15.76 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.