Al Rajhi Bank plans 15% dividend for H2 2019
Al Rajhi Bank’s board of directors recommended a 15% cash dividend for the second half of 2019, at SAR 1.5 per share after deduction of Zakat, amounting to SAR 3.75 billion.
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Dividend Details (H2 2019) |
|
|
Current Capital |
SAR 25 bln |
|
Number of shares |
2.5 bln |
|
Dividend |
SAR 3.75 bln |
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Percentage of capital* |
15% (SAR 1.5 per share) |
|
Record date |
Second trading day following the general assembly meeting, which will be decided later |
|
Payment date |
To be determined |
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Dividend Details (FY 2019) |
|
|
Dividend |
SAR 7.5 bln |
|
Percentage of capital |
30% (SAR 3 per share) |
*After the deduction of Zakat
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 03/02/2020 | 29/03/2020 | 06/04/2020 | 3,750.00 | 0.63 | |
| 21/07/2019 | 24/07/2019 | 01/08/2019 | 3,750.00 | 0.63 | |
| 06/01/2019 | 03/04/2019 | 11/04/2019 | 3,656.25 | 0.61 | |
| 15/07/2018 | 18/07/2018 | 26/07/2018 | 3,250.00 | 0.54 | |
| 18/02/2018 | 25/03/2018 | 03/04/2018 | 4,063.00 | 0.68 | |
| 12/07/2017 | 18/07/2017 | 27/07/2017 | 2,438.00 | 0.41 | |
| 19/01/2017 | 19/03/2017 | 26/03/2017 | 2,438.00 | 0.41 | |
| 20/07/2016 | 24/07/2016 | 31/07/2016 | 1,219.00 | 0.20 | |
| 21/01/2016 | 28/03/2016 | 04/04/2016 | 1,625.00 | 0.27 | |
| 08/07/2015 | 14/07/2015 | 29/07/2015 | 812.50 | 0.14 |
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 | 2.82 | 17.62 | 15.99 % |
| Last 5 Financial years | 4.51 | 14.41 | 31.30 % |
| Last 10 Financial years | 7.64 | 21.01 | 36.36 % |
Based on the beginning of the period (January 1 of the base year)
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Valuation Data (Latest Share Price)
| P/E (TTM) | 13.64 |
| Recurring P/E (TTM) | 13.64 |
| P/BV | 3.11 |
| Dividend Yield | 2.56 % |
| Market Cap. (M) | 371,700.00 |
| Return on Average Assets | 2.56 % |
| Return on Average Equity | 23.85 % |
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