SAIB board declares 4% dividend for H2 2024
The Saudi Investment Bank’s (SAIB) board of directors declared today, Feb. 11, a 4% cash dividend (SAR 0.4 a share) for the second half of 2024, according to a statement to Tadawul.
|
Dividend Details (H2 2024) |
|
|
Current capital |
SAR 12.5 bln |
|
Number of shares* |
1.25 bln |
|
Dividend |
SAR 498.93 mln |
|
Percentage of capital |
4% (SAR 0.4 per share) after Zakat |
|
Record date |
Feb. 20, 2025 |
|
Payment date |
March 4, 2025 |
*Number of eligible shares is 1.24 bln
|
Dividend Details (2024) |
|
|
Dividend |
SAR 949 mln |
|
Percentage of capital |
7.6% (SAR 0.76 per share) after Zakat |
SAIB had already received the Saudi Central Bank’s (SAMA) no-objection on the board’s decision to distribute interim cash dividends to shareholders for H2 2024.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 11/02/2025 | 20/02/2025 | 04/03/2025 | 498.93 | 0.40 | |
| 11/08/2024 | 15/08/2024 | 28/08/2024 | 449.67 | 0.36 | |
| 18/02/2024 | 25/02/2024 | 06/03/2024 | 450.00 | 0.36 | |
| 30/07/2023 | 03/08/2023 | 15/08/2023 | 400.00 | 0.32 | |
| 25/12/2022 | 10/04/2023 | 30/04/2023 | 450.00 | 0.36 | |
| 24/07/2022 | 31/07/2022 | 14/08/2022 | 300.00 | 0.24 | |
| 22/12/2021 | 01/02/2022 | 10/02/2022 | 525.00 | 0.42 | |
| 04/03/2021 | 21/04/2021 | 02/05/2021 | 270.00 | 0.22 | |
| 14/02/2018 | 24/04/2018 | 01/05/2018 | 450.00 | 0.36 | |
| 06/12/2016 | 17/04/2017 | 20/04/2017 | 350.00 | 0.28 |
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 | 2.04 | 11.83 | 17.24 % |
| Last 5 Financial years | 2.67 | 10.82 | 24.73 % |
| Last 10 Financial years | 3.70 | 13.38 | 27.70 % |
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) | 7.18 |
| P/E Before Unusual Items (TTM) | 9.21 |
| P/BV | 1.02 |
| Dividend Yield | - |
| Market Cap. (M) | 17,462.50 |
| Return on Average Assets | 1.47 % |
| Return on Average Equity | 14.76 % |
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