Al Rajhi Bank to distribute 12.5% cash dividend for H1 2024
Al Rajhi Bank’s board of directors decided, on Aug. 4, a 12.5% cash dividend, or SAR 1.25 per share after Zakat, for the first half of 2024.
|
Dividend Details (H1 2024) |
|
|
Current Capital |
SAR 40 bln |
|
Number of Shares |
4 bln |
|
Total Dividend |
SAR 5 bln |
|
Percentage of Capital |
12.5% (SAR 1.25 per share after deducting Zakat) |
|
Record Date |
Aug. 12, 2024 |
|
Payment Date |
Aug. 26, 2024 |
The bank obtained the approval of the Saudi Central Bank (SAMA) to pay cash dividends for H1 2024, it said in a statement to Tadawul.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 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 | |
| 15/07/2018 | 18/07/2018 | 26/07/2018 | 3,250.00 | 0.81 |
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 | 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 % |
Based on the beginning of the period (January 1 of the base year)
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
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.
Most Read
- EFG Hermes Successfully Concludes Action Energy Company’s Private Placement and Listing on Boursa Kuwait, Reinforcing Investor Confidence in Kuwait
- stc inks MoU with HUMAIN to develop AI data centers
- Alramz debuts on TASI today at SAR 70/share
- Fakeeh Care signs SAR 97.3M land lease deal with Madinah Municipality
- Alramz drops 14% on TASI debut
Valuation Data (Latest Share Price)
| P/E (TTM) | 16.02 |
| P/E Before Unusual Items (TTM) | 16.02 |
| P/BV | 3.52 |
| Dividend Yield | 2.86 % |
| Market Cap. (M) | 383,400.40 |
| Return on Average Assets | 2.44 % |
| Return on Average Equity | 23.50 % |
Call Request
Comments Analysis: