AI Summary
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
| P/E (TTM) | 7.73 |
| P/E Before Unusual Items (TTM) | 7.73 |
| P/BV | 1.26 |
| Dividend Yield | 5.93 % |
| Market Cap. (M) | 77,520.00 |
| Return on Average Assets | 2.13 % |
| Return on Average Equity | 16.91 % |
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