Al Rajhi Bank shareholders OK 14.6% cash dividend for H2 2024
Al Rajhi Bank’s shareholders approved the board’s recommendation to distribute cash dividends at 14.6% of capital, or SAR 1.46 a share excluding Zakat, for H2 2024, during an ordinary general meeting (OGM) on April 13, according to a statement to Tadawul.
They also authorized the board to distribute interim cash dividends on a semi-annual or quarterly basis for 2025, the statement added.
Dividends Details (H2 2024) |
|
Current Capital |
SAR 40 bln |
Number of Shares |
4 bln |
Total Dividends |
SAR 5.8 bln |
Percentage of Capital |
14.6% (SAR 1.46 a share excluding Zakat) |
Record Date |
April 13, 2025 (shareholders of record and those registered with Edaa on the second trading day following the record date) |
Payment Date |
April 24, 2025 |
Total Dividends (YTD) |
|
Total Dividends |
SAR 10.84 bln |
Percentage of Capital |
27.1% (SAR 2.71 a share) |
Shareholders further ratified the formation of the Shariah board for three years until April 12, 2028. The members are Sheikh Abdulaziz Al Homyan, Sheikh Sulaiman bin Nasser, Sheikh Abdullah Al Sulmi, Sheikh Saad Al Khathlan, and Sheikh Saleh Al Lheidan.
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
29/01/2025 | 13/04/2025 | 24/04/2025 | 5,840.00 | 1.46 | |
05/08/2024 | 12/08/2024 | 26/08/2024 | 5,000.00 | 1.25 | |
25/02/2024 | 24/03/2024 | 03/04/2024 | 4,600.00 | 1.15 | |
24/07/2023 | 31/07/2023 | 14/08/2023 | 4,600.00 | 1.15 | |
15/01/2023 | 21/03/2023 | 02/04/2023 | 5,000.00 | 1.25 | |
30/06/2021 | 06/07/2021 | 14/07/2021 | 3,500.00 | 0.88 | |
01/03/2021 | 29/03/2021 | 06/04/2021 | 2,500.00 | 0.63 | |
03/02/2020 | 29/03/2020 | 06/04/2020 | 3,750.00 | 0.94 | |
21/07/2019 | 24/07/2019 | 01/08/2019 | 3,750.00 | 0.94 | |
06/01/2019 | 03/04/2019 | 11/04/2019 | 3,656.25 | 0.91 |
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 | 6.26 | 89.51 | 6.99 % |
Last 5 Financial years | 7.76 | 40.69 | 19.07 % |
Last 10 Financial years | 14.51 | 21.03 | 69.00 % |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}

Valuation Data (Latest Share Price)
P/E (TTM) | 18.19 |
P/E Before Unusual Items (TTM) | 18.19 |
P/BV | 3.68 |
Dividend Yield | 2.86 % |
Market Cap. (M) | 386,000.00 |
Return on Average Assets | 2.28 % |
Return on Average Equity | 21.82 % |
Comments Analysis: